Shanghai Huayi (SH:600623) Zheng Quan Zhi Xing·2025-07-22 16:16Core Viewpoint - Shanghai Huayi Group's controlling shareholder, Shanghai Huayi Holding Group Co., Ltd., has increased its stake in the company, raising its ownership from 37.66% to 38.00%, which triggers a 1% threshold for equity change [1][2]. Group 1: Shareholding Changes - The controlling shareholder's stake increased from 37.66% to 38.00% [1][2]. - The increase in shareholding was achieved through a plan to buy back shares, with a total investment amounting to between RMB 1.5 billion and RMB 3 billion [1]. - As of July 22, 2025, the total shares acquired amounted to 18,155,542, representing approximately 0.86% of the company's total share capital [2]. Group 2: Compliance and Regulations - The equity change does not trigger mandatory tender offer obligations [2]. - The increase in shareholding complies with relevant laws and regulations, including the Securities Law of the People's Republic of China and the Shanghai Stock Exchange's self-regulatory guidelines [2]. - The change in equity will not result in a change of the controlling shareholder or actual controller of the company [2].