Jiugang Hongxing's Controlling Shareholder to Boost Stake by RMB 100M-200M Over Next Year

[Jiugang Hongxing: Controlling Shareholder Plans to Increase Shareholding by RMB 100 Million to RMB 200 Million]: Jiugang Hongxing announced that its controlling shareholder, Jiugang Group, plans to increase its shareholding in the company within 12 months from August 21, 2024, using its own funds ranging from no less than RMB 100 million to no more than RMB 200 million (including the amount already increased as of August 21, 2024), through methods permitted by the Shanghai Stock Exchange trading system (including but not limited to centralized bidding and block trading).

As of August 21, 2024, Jiugang Group has increased its shareholding in the company by 3,725,700 shares through centralized bidding transactions, accounting for 0.059% of the company's total share capital.