002377SZSE

Announcement on Controlling Shareholder's Share Increase Plan

✨ AI Summary

Hubei Guochuang High-tech Materials Co., Ltd. announced its controlling shareholder, Keyuan Holdings Group Co., Ltd., plans to increase its stake by 60-120 million RMB within 6 months. The increase aims to boost investor confidence, reflecting confidence in the company's future prospects and value. The plan will be executed via open market transactions, with funds from Keyuan Holdings' own capital.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_documentSign In to Upgrade

Securities Code: 002377 Securities Abbreviation: Guochuang High-tech Announcement Number: 2026-23

Hubei Guochuang High-tech Materials Co., Ltd. Controlling Shareholder's Share Increase Plan Announcement

Keyuan Holdings Group Co., Ltd. guarantees that the information provided to this company is true, accurate, and complete, and contains no false records, misleading statements, or material omissions. This company and all members of the board of directors guarantee that the announcement content is consistent with the information provided by the information disclosure obligor.

Hubei Guochuang High-tech Materials Co., Ltd. (hereinafter referred to as the "Company") recently received a notice from its controlling shareholder, Keyuan Holdings Group Co., Ltd. (hereinafter referred to as "Keyuan Holdings"). Based on its confidence in the company's future development prospects and its reasonable judgment of the company's value, and to enhance investor confidence, Keyuan Holdings plans to increase its holdings in the company. The relevant matters are hereby announced as follows:

I. Basic Information of the Planned Share Increase Subject

  1. The subject of this planned share increase is Keyuan Holdings Group Co., Ltd. As of the disclosure date of this announcement, Keyuan Holdings directly holds 100,795,771 shares of the company, accounting for 11% of the company's total share capital.

  2. Apart from this share increase plan, Keyuan Holdings has not disclosed any share increase plan in the 12 months prior to the announcement of this announcement.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.

Notes & Comments

Sign in to leave a comment or private note.

Loading…