Guochuang High-Tech announced that its controlling shareholder, Keyuan Holdings, increased its stake in the company by approximately 9.68 million shares through centralized competitive bidding on July 9 and 10, representing 1.06% of the company's total share capital, with an increase amount of about 26.98 million yuan. This increase marks the first implementation of Keyuan Holdings' previously disclosed share purchase plan of 60 million to 120 million yuan. Keyuan Holdings stated that the increase is based on recognition of the company's development prospects and investment value, aiming to boost market confidence and safeguard the interests of all shareholders, and it will continue to increase its stake at opportune times according to the plan.
Hubei Guochuang Hi-tech Material Co LtdControlling shareholder increased stake, signaling confidence and providing price support.
Keyuan Holdings executed first part of its share purchase plan, demonstrating commitment to the company.