Pingdingshan Tianan Coal Mining executives plan share increase
Pingdingshan Tianan Coal Mining Co., Ltd. announced that 16 of its directors and senior executives plan to collectively increase their shareholdings. This initiative, driven by confidence in the company's future development and long-term investment value, will involve a total investment of no less than 2,550,400 yuan. The shares will be acquired through centralized bidding via the Shanghai Stock Exchange.
The share increase plan will commence within one month from the announcement date. No specific price range has been set, allowing executives to make purchases based on market trends and stock price fluctuations. The funding for these acquisitions will come from their own resources, and all participating executives have committed not to reduce their newly acquired shares for at least six months post-acquisition.
As of December 1, 2025, the 16 individuals involved hold varying percentages of the company's 2,469,360,332 total shares, with holdings ranging from zero to 0.0057%. The company notes potential risks of delay or non-implementation due to market changes or unforeseen factors, and will provide timely disclosure of any such events.
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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