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Guolian Group, the controlling shareholder of the League of Nations Minsheng (01456), plans to spend 80 million yuan to 100 million yuan to increase its A-share holdings in the company
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Zhitong Finance App News, Guolian Minsheng (01456) issued an announcement. The company recently received a notification letter from the Guolian Group. Based on optimism about the long-term investment value of the domestic capital market, firm confidence in the company's future stable development and recognition of long-term value, in order to promote the company's continuous, stable and healthy development and fulfill its commitment to increase its holdings, it is proposed to increase the company's A shares through the Shanghai Stock Exchange system through centralized bidding transactions or other permitted compliance trading methods. The increase amount is 80 million yuan (including capital) Up to 10,000 yuan (not including the number of copies).

The entity of this increase in holdings is Wuxi Guolian Development (Group) Co., Ltd. (hereinafter referred to as “Guolian Group”), the controlling shareholder of Guolian Minsheng Securities Co., Ltd. (hereinafter referred to as the “Company” or “Guolian Minsheng”). The League of Nations Group and its co-actors together held 2,188,061,354 A-shares of the company, accounting for 38.52% of the company's total share capital.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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