B · Normal
[Gree Electric Appliances: Tokiohai Internet plans to increase its shareholding by 600 million to 1.2 billion yuan] On October 27, Gree Electric (000651.SZ) announced that the company holds more than 5% of the shares in Tokyo Internet based on its investment in the company’s future development. Confidence in the prospects, it is planned to use its own funds and financial institutions to increase its holdings of special loans within 6 months from the date of announcement, and increase its holdings of the company's shares through centralized bidding and block transactions. The amount of the increase shall not be less than 600 million yuan and not exceed 1.2 billion yuan. Bohai Bank has issued a special loan commitment letter to Jinghai Internet to increase its holdings, providing loan funds of no more than 990 million yuan.
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