Dahu Aquaculture: Controlling shareholder's stake exceeds 24%

Dahu Aquaculture (SSE:600257) announced that its controlling shareholder, Xizang Hongshan Technology Development Co., Ltd., has increased its stake in the company. Between January 20th and March 31st, 2025, Xizang Hongshan acquired 13,420,600 shares through the Shanghai Stock Exchange's trading system, amounting to a total transaction value of CNY 63,418,839. This brings Xizang Hongshan's total holdings to 24.5309%, up from 23.5305%. The company states that this change will not affect the controlling shareholder or ultimate controller of the company. This acquisition is part of a previously announced plan to increase holdings by between CNY 75,000,000 and CNY 150,000,000, funded by its own funds and bank loans.