Xianhe's controlling shareholder completes share increase plan

Xianhe Co. today announced the successful completion of its controlling shareholder’s share increase plan. Zhejiang Xianhe Holding Group Co. (Xianhe Holding) acquired a total of 13,589,408 shares of Xianhe Co. through centralized bidding on the Shanghai Stock Exchange. This represents 1.92% of the company’s total share capital.

The cumulative investment for this share increase amounted to 30,001.06 million yuan, meeting the plan’s target range of not less than 30,000 million yuan and not exceeding 50,000 million yuan. The share increase period, originally disclosed on April 9, 2025, concluded on September 30, 2025, ahead of the October 8, 2025, deadline.

As a result of this initiative, Xianhe Holding and its consistent actors now hold 566,129,108 shares, representing 79.99% of Xianhe Co.'s total share capital. The company affirmed that the completion of this plan has not altered its listing qualifications nor caused any changes in its controlling shareholder or actual controller.