Bohai Automobile: Indirect controlling shareholder intends to increase holdings by 25-50 million shares.

date
24/07/2026
The announcement of Bohai Automobile states that the company's indirectly controlling shareholder, BAIC Group, plans to increase its holdings of company's A shares through centralized bidding on the Shanghai Stock Exchange within six months from the disclosure date of the announcement, with a total investment of no less than RMB 25 million and no more than RMB 50 million. As of the disclosure date of the announcement, BAIC Group directly holds 206 million shares, and its controlling subsidiaries hold 219 million shares, totaling 44.75% of the total outstanding shares. This increase holding plan may not be achieved as expected due to market changes and other factors, and its implementation will not result in changes in the controlling shareholder or actual controller.