Shouxiangu: Controller's stake increase triggers 1% threshold

Zhejiang Shouxiangu Pharmaceutical (SSE:603896) announced that Li Zhenyu, a key insider, has increased his stake in the company, triggering the 1% threshold for disclosure. The moves are part of a previously disclosed plan for Li to increase his holdings. On April 30, 2025, Li purchased 451,100 shares through a centralized bidding approach on the Shanghai Stock Exchange, accounting for 0.23% of the company's total share capital and representing a value of CNY8,792,137. Following the transaction, Li Zhenyu and his aligned parties' total holdings increased from 76,867,050 shares to 77,318,150 shares, raising their ownership stake from 38.77% to 39.00%. Li's previously announced intention is to acquire between 2,000,000 and 3,964,877 shares within six months of April 30, 2025.