Hisense Home Appliances major shareholder plans further stock increase

Hisense Home Appliances Group announced that Qingdao Hisense Communication Co., Ltd., a concerted action person of its controlling shareholder, increased its holdings by 4,792,996 shares on July 4, 2025, representing 0.35% of the company's total share capital. Following this, Hisense Communication plans to further increase its holdings between July 4, 2025, and January 3, 2026, by no less than 6,928,084 shares (inclusive of the initial increase) and no more than 13,856,168 shares (inclusive). This move signals confidence in the company's future and long-term investment value, according to the announcement. The funds for the shareholding increase will come from Hisense Communication's own or self-raised funds. Previously, between May 7 and June 19, 2025, Hisense Communication acquired 13,860,028 shares, representing 1.00% of the company's total share capital at a cost of CNY376,660,000.