HY PROPERTY's controlling shareholder has cumulatively increased its stake in the company by 0.99%, and the increase plan has been extended
The controlling shareholder of HY PROPERTY, Huayuan Group, will increase its stake in the company by 0.99% from February 7, 2024, to February 6, 2025, with an investment amount of 25.1559 million yuan. Due to market changes and other factors, the original increase plan was not completed on schedule, and Huayuan Group has decided to extend the increase plan by 12 months to February 6, 2026, to enhance investor confidence
According to the Zhitong Finance APP, HY PROPERTY (600743.SH) announced that from February 7, 2024, to February 6, 2025, the controlling shareholder, Huayuan Group, has cumulatively increased its holdings in the company by 23.1846 million shares through centralized bidding transactions, accounting for 0.99% of the company's total share capital, with a cumulative increase amounting to RMB 25.1559 million (excluding transaction fees), reaching 71.87% of the lower limit of the increase plan amount. As of the announcement date, the increase plan of Huayuan Group has expired, and the increase amount has exceeded 50% of the lower limit of the increase plan.
Recently, the company received a letter from Huayuan Group stating that due to factors such as the regular report window period, information sensitivity period, and changes in the capital market situation, this increase plan cannot be completed within the original timeframe. Based on confidence in the future sustainable and stable development of HY PROPERTY and recognition of its long-term investment value, in response to investor concerns, to actively fulfill commitments, better protect the interests of a wide range of investors, and enhance investor confidence, Huayuan Group intends to extend the implementation period of the original increase plan by 12 months to February 6, 2026, while other contents of the increase plan remain unchanged
