Hangyang Holdings increases stake in Hangzhou Oxygen Plant Group

Hangzhou Oxygen Plant Group announced that its controlling shareholder, Hangzhou Hangyang Holdings Co., Ltd., has increased its stake in the company. As of August 29, 2025, Hangyang Holdings cumulatively increased its shareholding by 3,778,286 shares through concentrated bidding on the Shenzhen Stock Exchange, representing 0.3862% of the company's total share capital.

Following this latest acquisition, Hangzhou Hangyang Holdings now holds 528,532,771 shares, accounting for 54.0228% of the company's total share capital, triggering an integer multiple of 1% change in equity. This is part of a plan disclosed on April 10, 2025, to increase holdings by 100 million yuan to 200 million yuan within six months.

The company's total share capital currently stands at 978,351,332 shares after a recent buyback and cancellation of 5,539,375 restricted shares. Hangzhou Hangyang Holdings will continue to implement the remaining portion of its share increase plan as scheduled.