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Yongguan New Materials: Controlling Shareholder Plans to Increase Holdings by 50 to 100 Million Yuan
People’s Financial News, March 23 — Yongguan New Materials (603681) announced on March 23 that, based on confidence in the company’s future sustainable and stable development and recognition of its long-term investment value, the company’s controlling shareholder and actual controller, Lv Xinmin, plans to increase his holdings of A-shares through centralized bidding within six months. The total amount of the increase will not be less than 50 million yuan and not more than 100 million yuan (excluding transaction fees).