Core Viewpoint - The controlling shareholder of Zhejiang China Light Textile City Group Co., Ltd. plans to increase its stake in the company, reflecting confidence in the capital market and the company's asset value [1][2]. Group 1: Shareholder's Buyback Plan - The controlling shareholder, Shaoxing Keqiao District Development and Operation Group Co., Ltd., intends to buy back shares starting from April 1, 2025, for a period of 12 months, with a maximum purchase price of RMB 4.00 per share [1][2]. - The planned buyback amount is not to exceed 29.33 million shares, representing 1% to 2% of the total share capital of the company [1][2]. Group 2: Progress of the Buyback Plan - From April 14, 2025, to June 20, 2025, the controlling shareholder has acquired a total of 15,196,334 shares, amounting to RMB 55,247,677.80 [1][2]. - As of June 20, 2025, the total shares held by the controlling shareholder after the buyback is 553,362,648 shares, which represents an increase of 1.04% of the total share capital [2][3]. Group 3: Future Funding and Commitments - The funding for the future share purchases will be arranged through a special loan [3]. - The controlling shareholder has committed not to reduce its holdings during the buyback period and will comply with relevant regulations if any reduction occurs in the future [3].
轻纺城: 轻纺城关于控股股东增持公司股份的进展公告