Taihe Intelligent: controlling shareholder increases stake by 1%

Hefei Taihe Optoelectronic Technology (SSE:603656) announced that its controlling shareholder, Yangguang New Energy Development Co., Ltd., has increased its stake in the company by 1%. From February 5, 2025, to February 12, 2025, Yangguang New Energy acquired 1,833,800 shares through the Shanghai Stock Exchange's centralized bidding system. This increased Yangguang New Energy's holdings to 25,441,320 shares, raising its ownership from 12.87% to 13.87%. Combined with its consistent actors, the total stake is now 17%. The move does not trigger a mandatory offer and will not change the company's controlling shareholder or actual controller.