Shanghai NAR Industrial Co., Ltd. announced that You Jingchao, a concert party of the controlling shareholder, has completed the shareholding increase plan, accumulating an increase of 1.3268 million shares for approximately 13 million yuan. Between April 23 and August 26, 2026, You Jingchao increased his holdings by 1,326,800 shares through centralized bidding, representing 0.39% of total share capital, with a transaction amount of approximately 12.9989 million yuan. The increase plan was disclosed on April 24, 2026, with a proposed increase of no less than 8 million yuan and no more than 13 million yuan, over a six-month implementation period. After completion, You Jingchao holds 2,966,762 shares, representing 0.87% of total share capital. You Jingchao is the son of You Aiguo, and increased his holdings based on confidence in the company's future development, pledging not to reduce his holdings during the increase period and for six months after completion. The company noted that apart from an operational error that delayed disclosure of the halfway progress announcement for the increase plan, all other matters were compliant, and the increase will not lead to a change in control.
Shanghai Nar Industrial Co LtdControlling shareholder's concert party completed share purchase, signaling confidence and support.
