Xianhe shares: Controlling shareholder's stake exceeds 1% threshold

Xianhe Co., Ltd. [SSE:603733] announced that its controlling shareholder, Zhejiang Xianhe Holdings Group Co., Ltd., has increased its stake in the company, triggering a reporting threshold related to equity changes. From April 14, 2025, to June 19, 2025, Xianhe Holdings acquired 7,059,711 shares of Xianhe through concentrated bidding on the Shanghai Stock Exchange, representing 1.00% of the company’s total share capital. The total investment amounted to CNY 14,806,540. This increased Xianhe Holdings' direct share ownership from 540,000,000 shares to 547,059,711 shares, raising their holding from 76.49% to 77.49%. The combined holdings of Xianhe Holdings and its consistent actors increased from 552,539,700 shares to 559,599,411 shares, moving the equity proportion from 78.27% to 79.27%. The stake was increased using the company’s own capital and funds from a bank loan.