China Jushi’s major shareholders to boost stakes by up to 1.35 bn yuan

China Jushi announced that two major shareholders, China Building Materials Co. and Zhenshi Holdings Group Co., plan to increase their holdings in the company.

Zhenshi Holdings Group, a shareholder holding more than 5% of China Jushi’s shares, intends to acquire shares valued between 550 million yuan and 1.1 billion yuan, utilizing both its own funds and a special loan from China Construction Bank. This plan will run from November 28, 2025, to November 27, 2026.

Concurrently, China Building Materials Co., China Jushi's controlling shareholder, announced its own plan to increase its holdings using its own funds. The company aims to invest between 125 million yuan and 250 million yuan in China Jushi shares, with the acquisition period also set from November 28, 2025, to November 27, 2026.

Both shareholders stated their intention to increase holdings is based on confidence in China Jushi's future development and long-term investment value, aiming to enhance investor confidence and promote stable company growth. They have pledged not to reduce their holdings during the plan's implementation and within the statutory period.