FilingReader Intelligence

Shenghong shareholder group halfway through share purchase plan

September 16, 2025 at 05:17 PM UTCBy FilingReader AI

As of September 16, 2025, the controlling shareholder's concerted party and shareholders holding more than 5%, including Shenghong (Suzhou) Group Co. Ltd., have reached the halfway point in their share purchase plan. The plan, initially announced on June 17, 2025, aims for total purchase amounts between RMB 500 million and RMB 1 billion over six months.

From June 17 to September 16, 2025, the purchasing entities collectively acquired 9,260,029 shares of Jiangsu Eastern Shenghong through centralized bidding on the Shenzhen Stock Exchange. This represents approximately 0.14% of the company's total share capital, calculated based on 6,611,229,638 shares as of September 15, 2025.

Shenghong (Suzhou) Group Co. Ltd. specifically increased its holdings from 401,978,492 shares (6.08% of total share capital) to 411,238,521 shares (6.22% of total share capital). The broader controlling shareholder group, including Jiangsu Shenghong Technology Co. Ltd. and its concerted parties, collectively holds 4,448,519,283 shares, representing 67.29% of the company's total share capital.

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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