Linglong Tyre shareholder increase triggers 1% threshold announcement

Linglong Group, the controlling shareholder of Shandong Linglong Tyre Co., Ltd., has increased its stake in the company, triggering a disclosure announcement due to the change in equity exceeding 1%. From May 7, 2025, to July 9, 2025, Linglong Group increased its holdings by 4,416,633 A shares through the Shanghai Stock Exchange, representing approximately 0.30% of the company's total share capital. The total value of the increased holdings is approximately CNY6,482.14 million. As a result, the combined holdings of Linglong Group and its acting in concert party increased from 53.70% to 54.00%. Linglong Group stated that the increase is based on its confidence in the company and a commitment to safeguarding shareholder interests. The Group plans to continue increasing its holdings.