Xinjiang Tianfu Energy Co Ltd600509
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Controlling shareholder increased stake, signaling confidence and reducing free float.

Tianfu Energy announced that its controlling shareholder China New Power Group increased its stake in the company by a total of 13.7439 million shares through centralized competitive bidding from July 6 to July 17, 2026, representing 1.00% of the company's total share capital. The funds for the increase came from its own capital. After this increase, the combined shareholding of China New Power Group and its concert parties Xinjiang Jinlong Power Group and Xinjiang Tianfu Group rose from 35.00% to 36.00%.
Xinjiang Tianfu Energy Co LtdControlling shareholder increased stake, signaling confidence and reducing free float.