BNMC(SH:601011) Zheng Quan Zhi Xing·2025-06-20 08:28Core Viewpoint - The announcement details the implementation results of the shareholding increase plan by the controlling shareholder of Baotailong New Materials Co., Ltd., highlighting the completion of a portion of the planned increase and the extension of the commitment period due to financial constraints faced by the company [1][2]. Summary by Sections 1. Increase Plan Overview - The controlling shareholder, Baotailong Group Co., Ltd., announced a plan to increase its shareholding by acquiring 20 million to 40 million shares at a price not exceeding 3.2 yuan per share, starting from June 21, 2024, for a period of 12 months [1]. 2. Implementation Results - As of the announcement date, Baotailong Group has cumulatively acquired 10,001,800 shares, representing 0.52% of the company's total share capital, with a total investment of approximately 19.384378 million yuan, achieving 50% of the promised increase [2]. 3. Reasons for Incomplete Commitment - Due to the company's operational losses in 2024 leading to financial strain, the controlling shareholder has lent the funds intended for share acquisition to the company for operational purposes. Consequently, the commitment period for the shareholding increase has been extended by 6 months to December 21, 2025 [2][3]. 4. Uncertainty Risks - The implementation of the shareholding increase plan may face uncertainties due to market changes, which could prevent the plan from achieving its expected outcomes. The company will fulfill its information disclosure obligations if any related risks arise [3].