Rongsheng Petrochemical: Controlling shareholder increases stake by 2%

Rongsheng Petrochemical (SZSE:002493) announced that its controlling shareholder, Zhejiang Rongsheng Holding Group, has increased its shareholding in the company by 2.01%, accumulating 203,554,992 shares between January 22, 2024, and May 21, 2025. The transactions were executed via centralized competitive bidding through the Shenzhen Stock Exchange. This latest increase brings Rongsheng Holding Group's total stake to 53.4668%. Rongsheng Holding Group is in the midst of an ongoing shareholding increase plan, with proposed investments between CNY 1 billion and CNY 2 billion.