Ningbo Donly (002164.SZ)'s controlling shareholder plans to increase its stake in the company by 100 million to 200 million yuan.

Ningbo Donly (002164.SZ) announced that its controlling shareholder, Dongli Holding Group Co., Ltd. ("Dongli Holding"), plans to increase its stake in the company through centralized bidding via the Shenzhen Stock Exchange trading system within 6 months from the date of the announcement. The planned increase amount is no less than 100 million yuan and no more than 200 million yuan, and the increase ratio shall not exceed 2% of the company's total share capital. Bank of Communications Co., Ltd. Ningbo Branch issued a Letter of Loan Commitment to Dongli Holding, promising to provide a special loan for Dongli Holding to increase its holdings of the company's shares, with a loan amount not exceeding 150 million yuan, and the loan amount will be determined based on actual circumstances, with a loan term not exceeding 36 months.