Juhua's controlling shareholder continues increasing stake

Zhejiang Juhua Co., Ltd. (SSE:600160) announced that Juhua Investment, a related party of its controlling shareholder, Juhua Group, has further increased its stake in the company. On May 29, 2025, Juhua Investment acquired 757,600 shares via the Shanghai Stock Exchange's trading system, representing 0.0281% of the total share capital, for a total consideration of CNY 1,998,950. This follows earlier acquisitions in April, bringing the total shares purchased to 3,369,100, equivalent to 0.1248% of the company's shares, at a cumulative cost of CNY 7,997,320. The share purchases are part of a plan disclosed in April 2025, where the controlling shareholder aims to increase its holdings by between CNY 50,000,000 and CNY 100,000,000. Juhua Group, along with its affiliates, now holds 53.5577% of the company's shares. The company cautioned that the shareholding increase plan could be subject to changes.