Core Viewpoint - The controlling shareholder of Rongsheng Petrochemical plans to increase its stake in the company, aiming to boost investor confidence and support the company's stable development [1][2]. Summary by Sections 1. Shareholder's Plan - Rongsheng Holdings intends to increase its shareholding in Rongsheng Petrochemical from April 8, 2025, over a period of six months, with a planned investment between RMB 1 billion and RMB 2 billion [1][2]. - The specific implementation start date is April 15, 2025, and there is no set price range for the share purchase [1]. 2. Progress of the Share Purchase - As of the announcement date, Rongsheng Holdings has cumulatively acquired 73,695,898 shares, representing 0.73% of the total share capital of Rongsheng Petrochemical, with an investment amounting to approximately RMB 616.96 million [2][3]. - The total share capital of Rongsheng Petrochemical is noted to be 10 billion shares, with the controlling shareholder holding 53.89% of the total shares [1]. 3. Purpose of the Share Purchase - The share purchase is aimed at enhancing investor confidence, protecting the interests of minority shareholders, and consolidating the controlling position of Rongsheng Holdings to better support the future development of Rongsheng Petrochemical [2][3]. 4. Compliance and Regulations - The share purchase will comply with relevant regulations from the China Securities Regulatory Commission and the Shenzhen Stock Exchange, ensuring no insider trading or short-term trading practices are involved [3].
荣盛石化: 关于控股股东增持公司股份计划时间过半的进展公告