Fujian Funeng's controlling shareholder increases stake by 0.20%

Fujian Funeng Co., Ltd. announced that its controlling shareholder, Fujian Provincial Energy Group Co., Ltd. (Energy Group), and its concerted parties have increased their stake in the company. Between July 30 and September 3, 2025, Energy Group acquired 5,691,400 A-shares, representing approximately 0.20% of the company's total share capital. The total transaction value for this period amounted to RMB 54,458,026.56, excluding transaction commissions.

This latest acquisition is part of a broader plan disclosed on June 26, 2025. The plan involves the Energy Group and Fujian Funeng Xingye Equity Investment Management Co., Ltd. increasing their shareholding by a total of RMB 100 million to RMB 200 million within six months from the disclosure date. The plan did not set a specific price range or exact number of shares.

As of September 3, 2025, the cumulative amount invested in the share increase plan reached RMB 101,591,634.56, with a total of 10,663,320 shares acquired, representing 0.38% of the company's total share capital. The Energy Group and its concerted parties will continue to implement the plan, using their own funds or special-purpose loans for further acquisitions.