According to Zhitong Finance App News, Xinqianglian (300850.SZ) announced that Mr. Xiao Gaoqiang, the controlling shareholder and actual controller of the company, is based on his firm confidence in the company's future development prospects and full recognition of the company's intrinsic value. In order to better promote the company's sustainable, stable and healthy development, he plans to increase his holdings within 3 months from the date the company discloses this announcement. The proposed increase in holdings is not less than RMB 50 million and not higher than RMB 100 million.

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