China Great Wall Securities' controlling shareholder plans share increase

China Great Wall Securities (SZSE:002939) announced that its controlling shareholder, Hua Neng Capital Services Co., Ltd., plans to increase its stake in the company. The planned increase will be executed through centralized bidding on the Shenzhen Stock Exchange within the next six months. Hua Neng Capital intends to invest between CNY 5,000,000 and CNY 10,000,000. The specific timing and amount of purchases will be determined by market conditions and the company's stock valuation, and it is based on confidence in the company's future stability and value. Hua Neng Capital currently holds 1,870,991,745 shares, representing 46.38% of China Great Wall Securities' total share capital. Hua Neng Capital has pledged not to reduce its holdings during the implementation period.