Overseas Chinese Town's controlling shareholder boosts stake to 50%

Shenzhen Overseas Chinese Town (SZSE:000069) announced that its controlling shareholder, Overseas Chinese Town Group Co., Ltd., along with its concerted party, Shenzhen Overseas Chinese Town Capital Investment Management Co., Ltd., collectively increased their stake in the company. This action, executed via centralized bidding on the Shenzhen Stock Exchange between July 15, 2025, and December 16, 2025, resulted in the acquisition of an additional 19,572,900 shares. The total value of these additional shares, excluding transaction fees, was RMB 50,174,174.

Following this latest acquisition, the combined shareholding of Overseas Chinese Town Group and its concerted parties has risen from 49.76% to 50.00% of the company's total share capital, crossing the 5% integer threshold. This move is consistent with the previously announced plan to increase holdings, which aimed for a total investment of not less than RMB 111,000,000 and not more than RMB 220,000,000. The funds for this acquisition came from the company's own capital and special loans for stock increases.

The controlling shareholder emphasized that this increase reflects their confidence in the company's long-term investment value and stable future development, aiming to safeguard the interests of all investors and maintain capital market stability. No shares involved in this equity change are subject to any restrictions, such as pledges or freezes.