FilingReader Intelligence
Investor buys 5% Hoshine Silicon stake for 2.6bn yuan
July 17, 2025 at 11:41 AM UTC•By FilingReader AI
Xiao Xiugen acquired 60 million shares in Hoshine Silicon Industry Co., representing 5.08% of total share capital, for 2.6 billion yuan at 43.90 yuan per share.
The shares were purchased from Ningbo Hoshine Group through a transfer agreement signed July 16. Xiao previously held no shares in the company.
Following the transaction, Ningbo Hoshine Group and its partners retain 73.51% of Hoshine Silicon Industry, maintaining control 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:603260•Shanghai Stock Exchange
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