State-owned high-tech company: Controlling shareholder Ke Yuan Holdings plans to increase its holdings by 60 to 120 million yuan.
Guochuang High-Tech Announcement: The controlling shareholder KeYuan Holdings intends to increase its shareholding in the company through centralized bidding, block trades, or other means within 6 months from the disclosure date of the announcement. The amount of the share increase shall not be less than RMB 60 million and not more than RMB 120 million, with a maximum price of RMB 5.5 per share. The funds for the share increase will come from its own resources. KeYuan Holdings currently holds 101 million shares of the company, accounting for 11% of the total share capital, and has committed not to reduce its shareholding during the share increase period and the statutory period.
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