Hubei Yihua Chemical's controlling shareholder increases stake by over 1%
Hubei Yihua Chemical Industry Co. announced its controlling shareholder, Hubei Yihua Group Co., Ltd., has increased its stake in the company. Between June 10, 2025, and September 9, 2025, Hubei Yihua Group purchased an additional 12.499 million shares through the Shenzhen Stock Exchange's trading system, representing 1.15% of the company's current total share capital.
Following this latest acquisition, Hubei Yihua Group's total shareholding has increased to 239,826,044 shares, representing 22.03% of Hubei Yihua Chemical's current total share capital. This move has triggered the 1% integer multiple threshold for equity changes. The company's total share capital, as of the disclosure date, stands at 1,088,522,212 shares, adjusted for restricted shares granted under the 2024 incentive plan that listed on July 18, 2025.
This share increase aligns with Hubei Yihua Group's previously announced plan on May 16, 2025, to boost investor confidence and maintain stable stock prices. The group committed to acquiring shares worth not less than CNY 200 million and not exceeding CNY 400 million within six months from May 19, 2025. This latest transaction is part of that ongoing share increase plan, which is yet to be fully completed.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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