Controlling shareholder boosts JSTI Group stake by over 1.8%
Guangzhou Pearl River Industrial Group Co., Ltd. (Pearl River Group), the controlling shareholder of JSTI Group, acquired an additional 23,313,799 shares of JSTI Group on December 5, 2025, through a block trade. This transaction represents an increase of 1.8462% of JSTI Group's total share capital.
Following this acquisition, Pearl River Group's total shareholding in JSTI Group increased from 316,678,294 shares to 339,992,093 shares. Its ownership percentage rose from 25.0769% to 26.9231%, crossing an integer multiple of 1% in equity change. The funding for this share increase came from Pearl River Group's own capital.
JSTI Group stated that this increase in shareholding by its controlling shareholder demonstrates confidence in the company's long-term prospects. The transaction does not alter JSTI Group's controlling shareholder or actual controller, nor does it impact the company's corporate governance structure or ongoing operations. Pearl River Group currently has no further plans for additional share increases.
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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