Anhui Construction Engineering Group: Controlling shareholder plans to increase its stake in the company by 100 million to 200 million yuan.
Anhui Construction Engineering Group announced that the controlling shareholder, JG Holdings, plans to increase its holding of the company's shares through the Shanghai Stock Exchange's centralized bidding method within 6 months. The cumulative increase in the number of shares held shall not be less than 1% of the total share capital of the company, nor exceed 2% of the total share capital, with the total investment not exceeding 200 million RMB. As of the disclosure date of the announcement, JG Holdings holds 552 million shares of the company, accounting for 32.14% of the total share capital. The funds for the increase will come from their own resources or raised funds, and it is committed not to reduce its holdings of the company's shares during the implementation period of the increase plan and the statutory period.
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