Jiuli Hi-tech Metals' controlling shareholder increases stake to 39.39%

Zhejiang Jiuli Hi-tech Metals announced that its controlling shareholder, Jiuli Group Co., Ltd., along with its persons acting in concert, increased their aggregate shareholding by 8,782,800 shares, representing 0.90% of the company's total share capital, between October 19, 2023, and September 29, 2025. This latest move resulted in a change in their combined ownership that reached a multiple of 1%.

Following these transactions, the total shares held by Jiuli Group Co., Ltd. and its persons acting in concert now amount to 384,909,770 shares, increasing their overall stake in Zhejiang Jiuli Hi-tech Metals to 39.39% from 38.49% previously. The transactions include various acquisitions, with the latest on September 29, 2025, involving an increase of 4,145,900 shares by Jiuli Group Co., Ltd. through secondary market transactions.

The announcement confirms that these changes align with previously stated commitments, including a pledge by the shareholders not to reduce their holdings within a legal timeframe. The funding for the additional shares came from their own capital, and all transactions were conducted through centralized trading on the stock exchange.