King's Luck Brewery's controlling shareholder completes stake increase

Jiangsu King's Luck Brewery announced that its controlling shareholder, King's Luck Brewery Group Co., Ltd., completed a share increase in the company. The group cumulatively increased its holdings by 12,482,736 A-shares, representing 1.0012% of the company's total share capital. The total amount spent on this increase was RMB 539,973,468.13, excluding transaction fees.

This share increase was executed between December 31, 2024, and November 4, 2025. After the completion, King's Luck Brewery Group now holds 573,531,774 shares, representing 46.0003% of the company's total share capital, surpassing the 1% threshold. The share increase did not trigger a mandatory tender offer and was funded by the group's own capital and self-raised funds.

Beijing Dacheng (Nanjing) Law Firm confirmed that King's Luck Brewery Group met the qualifications for the share increase and that the transaction complied with relevant laws and regulations.