FilingReader Intelligence

Tongkun Group shareholder Lei Xin plans share increase

April 23, 2025 at 05:26 PM UTCBy FilingReader AI

Zhejiang Lei Xin Industrial Co., Ltd., a shareholder holding more than 5% of Tongkun Group (SSE:601233), announced plans to increase its holdings in the company's A shares. Over the next year, Lei Xin intends to increase its stake via the Shanghai Stock Exchange trading system, with a total investment ranging from CNY 250 million to CNY 500 million. The funding for this increase will come from a combination of Lei Xin's own funds and a special loan facility provided by the Agricultural Bank of China (Tongxiang branch), up to CNY 45 million. Lei Xin currently holds 147,703,473 shares in Tongkun Group. This increase will not trigger any takeover offer and won't change the controlling shareholder or actual controller of the company.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:601233Shanghai Stock Exchange

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