Shimao shares controlling shareholders and persons acting in concert have increased their holdings o

Mondo Finance Updated on 2024-02-20

**: Fengcai News.

Fengcai News reported that on February 20, Shanghai Shimao Co., Ltd. issued an announcement saying that the company's controlling shareholder Fengying International *** hereinafter referred to as "Fengying International") or its concerted action person Shanghai Bola Enterprise Management *** hereinafter referred to as "Shanghai Bola") plans to increase its holdings of the company from May 31, 2023 to May 30, 2024, with an amount of not less than RMB 100 million and no more than RMB 200 million, and no more than 1$80 shares.

As of February 20, 2024, Fengying International and its concerted actor Shanghai Bola have increased their holdings of 114,362,240 shares of the company, accounting for 305%, with an increase of 12,822410,000 yuan, the implementation amount of the shareholding increase plan has reached the lower limit of 100 million yuan, which has not yet been implemented and will continue to be implemented.

Shimao shares said that in view of the company's net assets per share at that time was lower than the latest period, and the cumulative decline of more than 30% in 20 consecutive trading days, in order to safeguard the interests of investors and enhance investor confidence, Fengying International or its concerted actors plan to increase their holdings of the company's shares.

Up to now, the four companies controlled by Xu Rongmao, the actual controller of the company, Fengying International, ** Shimao, Shimao Investment and Shanghai Bola, hold a total of 2,788,337,235 shares of the company, accounting for 74 of the company's total share capital33%。

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