Changchun Faway Automobile Components (600742.SH) controlling shareholder has accumulated an additional 2.8938 million shares.

Changchun Faway Automobile Components (600742.SH) announced that as of January 10, 2025, its controlling shareholder Asia Investment has cumulatively increased its holdings of the company's shares by 2.8938 million shares, accounting for 0.389% of the total shares of the company. The amount of the increase is RMB 24,994,601 (excluding taxes and fees), which has exceeded 50% of the lower limit of the current increase plan of RMB 25 million.