Jiangsu Cable (600959.SH) intends to increase its holdings by 100 million to 150 million yuan.

Zhitong Finance APP News, Jiangsu Cable (600959.SH) announced that the company's controlling shareholder, Jiangsu Provincial Cultural Technology Holdings Group Co., Ltd., plans to increase its holdings of the company's shares through centralized bidding, with a total amount of not less than 1 billion yuan (inclusive) and not more than 1.5 billion yuan (inclusive), and the increase price not exceeding 4 yuan per share. The source of funds is its own funds or self-raised funds.