Antong Holdings shares surge unusually as major shareholders increase stakes

Antong Holdings' stock (SSE:600179) experienced an abnormal fluctuation with its closing price's cumulative deviation reaching over 20.00% for three consecutive trading days, specifically on December 19, December 22, and December 23, 2025. The company stated that, following an internal review and inquiry with its controlling shareholder, there are no undisclosed major events. The company also confirmed that its main business operations, market environment, and industry policies remain unchanged.

The announcement highlighted ongoing shareholding increase plans by major shareholders. China Ocean Shipping Container Lines Co., Ltd. (COSCO Shipping Lines), a shareholder, intends to increase its stake by an amount not less than 360 million yuan and not exceeding 720 million yuan within 12 months from July 15, 2025. China Foreign Trade Transportation (Group) Co., Ltd., a concerted party, has completed its planned shareholding increase, with its cumulative increase amount not less than 300 million yuan and not exceeding 600 million yuan within 12 months from July 31, 2025. As of December 18, 2025, COSCO Shipping Lines and its concerted parties collectively hold 846,305,397 shares, representing 20.00% of the total share capital.

Antong Holdings reminds investors of the secondary market investment risks due to significant price fluctuations. The company also noted that the ongoing shareholding increase plan by COSCO Shipping Lines could be subject to uncertainties.