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Hengtong Optic-Electric: Controlling Shareholder Plans to Increase Stake with 400-600 Million Yuan
36Kr1 min read
36Kr learned that Hengtong Optic-Electric announced its controlling shareholder, Hengtong Group, plans to increase its holdings in the company through centralized bidding on the Shanghai Stock Exchange system within 12 months from the announcement date, with a planned increase amount of no less than 400 million yuan and no more than 600 million yuan. As of the announcement date, Hengtong Group held 594 million shares of the company, accounting for 24.07% of total share capital.
Read the full article at 36Kr