The controlling shareholder of CTS Logistics intends to invest between 64.5 million and 129 million yuan to increase its stake in the company
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
According to the Zhitong Finance APP, CTS Logistics (603128.SH) announced that its controlling shareholder, China Logistics Group Co., Ltd., through its wholly-owned subsidiary, China Logistics Group Capital Management Co., Ltd. (referred to as "Capital Management Co., Ltd."), increased its holdings of the company's shares by 71,730 shares through centralized bidding on October 9, 2025, with an increase amount of approximately RMB 430,400. Capital Management Co., Ltd. plans to increase its holdings of the company's shares through the Shanghai Stock Exchange trading system via centralized bidding within six months starting from October 9, 2025, with an increase amount of no less than RMB 64.5 million and no more than RMB 129 million. This increase does not set a fixed price range and will be conducted opportunistically based on the capital market conditions
