Xinqianglian (300850.SZ)'s actual controller plans to increase its shareholding in the company by RMB 50 million to RMB 100 million.

Zhitong Finance APP news, Xinqianglian (300850.SZ) announced that Mr. Xiao Gaoqiang, the company's controlling shareholder and actual controller, based on his firm confidence in the company's future development prospects and full recognition of the company's intrinsic value, in order to better promote the company's sustained, stable and healthy development, plans to increase his shareholding in the company within 3 months from the date of disclosure of this announcement, with the proposed increase amount of no less than RMB 50 million and no more than RMB 100 million.