Youngor announced that the combined shareholding of its controlling shareholder, Ningbo Youngor Holdings, and its concert parties increased from 43.03% to 44.02%, with the equity change reaching the 1% threshold. The change arose from Youngor Holdings increasing its stake by 45.66 million shares through centralized bidding between June 10 and August 13, 2026, lifting its direct holding from 39.26% to 40.25%. The increase was made under a previously disclosed share purchase plan. On May 27, 2026, the company announced that Youngor Holdings intended to increase its shareholding within 12 months starting May 25, 2026, with cumulative purchases of no less than 46.23 million shares and no more than 92.47 million shares, no price range set, and funding from its own capital and special bank loans for buybacks and share increases. After the equity change, Youngor Holdings and its concert parties together held 2.035 billion shares, with their combined stake rising to 44.02%. Youngor Holdings' direct holding increased from 1.815 billion shares to 1.861 billion shares, while the holdings of Youngor Group, Li Rucheng, and Li Hanqiong remained unchanged. The equity change does not trigger a mandatory tender offer and does not involve any change in the company's controlling shareholder or actual controller. The controlling shareholder remains within the implementation period of the share purchase plan.
Youngor Group Co LtdControlling shareholder increased stake by 45.66 million shares, raising holding to 44.02%, signaling confidence.
