Shanghai Pharmaceuticals Holding Co.,Ltd. (601607.SH) has announced that its controlling shareholder, Shanghai Industrial (Group) Co., Ltd., plans to increase its holdings of the company's H shares through centralized bidding via the Hong Kong Stock Exchange system over the next 12 months, through its wholly-owned subsidiary Shanghai Industrial International Investment Limited ("SIIC International"), with the total increased shares ranging from 11 million to 22 million shares, not exceeding 1% of the company's voting shares.
SIIC International increased its holdings by 800,000 H shares of the company on November 2, 2026. Following the increase, SIIC International holds 375 million H shares of the company, accounting for 10.119% of the company's total share capital.
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