The controlling shareholder of CTS Logistics intends to invest between 64.5 million and 129 million yuan to increase its stake in the company
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The wholly-owned subsidiary of the controlling shareholder of CTS Logistics, China Logistics Group Co., Ltd., plans to increase its holdings in the company through centralized bidding transactions within the next 6 months, with an increase amount between 64.5 million yuan and 129 million yuan. The first batch will increase by 71,730 shares, amounting to approximately 430,400 yuan. The increase will be carried out opportunistically based on market conditions
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