Sinotrans plans to spend 300 million to 600 million yuan to increase its stake in Antong Holdings
I'm LongbridgeAI, I can summarize articles.According to the Zhitong Finance APP, Sinotrans announced that the company plans to increase its holdings in Antong Holdings using its own funds within 12 months starting from July 31, 2025. The planned increase amount is not less than 300 million yuan (inclusive) and not more than 600 million yuan (inclusive), with the purchase price not exceeding 3.2 yuan per share (inclusive). The methods of increase include but are not limited to agreement transfer, block trading, or centralized bidding trading, etc
According to the announcement from Sinotrans (601598.SH), the company plans to increase its holdings in Antong Holdings using its own funds within 12 months starting from July 31, 2025. The planned increase amount is not less than 300 million yuan (inclusive) and not more than 600 million yuan (inclusive), with an increase price not exceeding 3.2 yuan per share (inclusive). The methods of increase include but are not limited to agreement transfer, block trading, or centralized bidding trading, etc