Core Viewpoint - Shanghai Tunnel Engineering Co., Ltd. announced a change in the equity stake of its major shareholder, Shanghai Urban Construction (Group) Co., Ltd., which increased its holding from 30.68% to 31.05% [1][2]. Group 1: Shareholder Information - The equity change was executed by Shanghai Urban Construction (Group) Co., Ltd., which is the controlling shareholder and its action is in line with a previously disclosed shareholding increase plan [2]. - The increase in shareholding does not trigger mandatory tender offer obligations [2]. Group 2: Equity Change Details - The number of shares held before the change was not specified, but the increase in percentage indicates a direct acquisition of shares [1]. - The equity change occurred between May 19, 2025, and May 20, 2025 [1]. Group 3: Compliance and Future Plans - The equity change complies with relevant laws and regulations, including the Securities Law of the People's Republic of China and the Management Measures for the Acquisition of Listed Companies [2]. - The increase in shareholding will not lead to a change in the controlling shareholder or actual controller of the company [2]. - The shareholding increase plan is not yet fully implemented, and the company will continue to monitor and disclose information regarding the plan [2].
隧道股份: 上海隧道工程股份有限公司关于持股5%以上股东权益变动触及1%刻度的提示性公告