Major Shareholder and Allies of Tsingtao Brew Plan to Increase Stake

Stock News07-24

Tsingtao Brew Co Ltd (HK: 0168) has announced that its controlling shareholder, Tsingtao Brewery Group, along with its concert parties, intends to purchase additional shares in the company.

This decision is driven by confidence in the company's future strategic development and recognition of its long-term value, with the goal of boosting market expectations, enhancing investor confidence, and protecting shareholder interests.

The buying plan is set to begin on July 24, 2026, and will run for a period of six months. The group will use its own funds to acquire both A-shares and H-shares through the trading system of the Shanghai Stock Exchange via a centralized竞价 method, as well as through the Hong Kong Stock Exchange.

The total intended investment for the share purchase is no less than RMB 150 million and no more than RMB 300 million. The actual number of A-shares and H-shares to be acquired will depend on the final execution of the plan.

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