--- title: "712 Corp.: The controlling shareholder plans to increase holdings by 50 million to 55 million yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/225336433.md" description: "712 Corp. announced that its controlling shareholder, Zhibo Technology, plans to increase its holdings of the company's A-shares through centralized bidding transactions within the next 6 months, with an increase amount between 50 million yuan and 55 million yuan. There is no price range set for the increase, and the timing will be determined based on stock value assessment and market trends. The funding sources will be self-owned funds and special loans, with the latter not exceeding 90%. The increase plan may face risks such as market changes" datetime: "2025-01-17T10:50:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/225336433.md) - [en](https://longbridge.com/en/news/225336433.md) - [zh-HK](https://longbridge.com/zh-HK/news/225336433.md) generator: "portal-rs" --- # 712 Corp.: The controlling shareholder plans to increase holdings by 50 million to 55 million yuan 712 Corp. announced that its controlling shareholder, Zhibo Technology, plans to increase its holdings of the company's A-shares through the Shanghai Stock Exchange trading system via centralized bidding within six months from the date of the announcement, with an increase amount not less than RMB 50 million and not exceeding RMB 55 million. This increase plan does not set a price range, and Zhibo Technology will gradually implement the increase plan at an appropriate time based on a reasonable judgment of the company's stock value, the fluctuations in the company's stock price, and the overall trend of the capital market. The funds for the increase will come from a combination of self-owned funds and special loans for the increase, with the amount of special loans for the increase not exceeding 90% of the total increase amount. There may be risks that the increase plan may not achieve expectations due to changes in the capital market or other risk factors ### Related Stocks - [603712.CN](https://longbridge.com/en/quote/603712.CN.md) ## Related News & Research - [REG - Frontier Developmnts - Notice of FY26 Financial Results](https://longbridge.com/en/news/297272100.md) - [Georgian Developer Origami Holding Launches $200M Mixed-Use Project on Batumi’s Ambassadori Island](https://longbridge.com/en/news/297327599.md) - [RCS - Vivo Energy Limited - Notice of Meeting – 2026 Interim Results](https://longbridge.com/en/news/297161642.md) - [08:02 ETFour Kantor & Kantor, LLP Attorneys Recognized in the 2027 Edition of The Best Lawyers in America ®](https://longbridge.com/en/news/297041639.md) - [Frequentis wins ASTRID deal to modernize Belgium emergency control room communications](https://longbridge.com/en/news/297141567.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**