CETC Digital Technology's controlling shareholder completes share increase plan
CETC Digital Technology Co., Ltd. announced the successful completion of a share increase plan by its controlling shareholder, CETC Digital Technology (Group) Co., Ltd., and its concerted party, CETC Investment Holdings Co., Ltd. The plan, disclosed on October 21, 2024, aimed to increase holdings by a total of not less than RMB 200 million and not exceeding RMB 400 million, without exceeding 2% of the company’s total share capital.
Between December 20, 2024, and October 10, 2025, the entities cumulatively increased their stake by 11,126,895 shares through centralized bidding on the Shanghai Stock Exchange, representing 1.64% of the total share capital. The total transaction value reached RMB 264,270,919.64. CETC Digital Technology (Group) purchased 6,553,880 shares for RMB 154,400,696.85, and CETC Investment Holdings bought 4,573,015 shares for RMB 109,870,222.79.
Prior to this increase, the concerted parties held 40.60% of the company's shares. Post-completion, their combined holding stands at 41.66%, fulfilling their commitment to not decrease their holdings within the plan's timeframe. Beijing Dacheng (Shanghai) Law Firm affirmed that the increase complies with relevant securities regulations and is exempt from tender offer requirements, with all necessary information disclosures completed.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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