GoerTek's controlling shareholder plans up to RMB 1bn share increase

GoerTek, a prominent technology company listed on the Shenzhen Stock Exchange (SZSE:002241), announced that its controlling shareholder, GoerTek Group, intends to increase its holdings in the company. The planned increase will range between RMB 500 million and RMB 1 billion, utilizing both dedicated loan facilities and the Group's own capital.兴业 Bank has committed to provide special loans not exceeding CNY 900 million, not exceeding 90% of the shareholding increase amount.