B · Normal
[Xingfa Group: The controlling shareholder’s wholly-owned subsidiary plans to increase its holdings of shares by 100 million to 120 million yuan] On October 25, Xingfa Group (600141.SH) announced that Yichang Xingfa Investment, the company’s controlling shareholder Yichang Xingfa’s wholly-owned subsidiary, plans to use its own funds to increase its holdings of the company’s A shares through centralized bidding transactions within 3 months from the date of the announcement. The total amount of the increase shall not be less than 100 million yuan and no more than 120 million yuan. This shareholding increase plan does not set a price range and will be implemented at an appropriate time based on stock price fluctuations.
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