The controlling shareholder of STEC has cumulatively increased its holdings in the company by 2%
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According to the Zhitong Finance APP, STEC announced that on September 12, 2025, the company received a notice from its controlling shareholder, Urban Construction Group, regarding the implementation of the plan to increase its holdings of STEC A-shares. The Urban Construction Group has completed this increase plan, acquiring a total of 62.8818 million A-shares during the plan period, accounting for 2% of the total share capital of the listed company; the total amount of shares acquired is RMB 399 million (excluding transaction fees)
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