Major Shareholder of China State Construction Engineering to Purchase Between 500 Million and 1 Billion Yuan in Company Shares

Stock News07-20

The controlling shareholder of China State Construction Engineering Corporation Limited (601668.SH) has announced a plan to acquire additional shares in the company. According to a notice received by the company on July 20, 2026, the parent company, China State Construction Group Co., Ltd., intends to increase its holdings of the company's A-shares.

The share purchase plan is set to be executed over a 12-month period starting from the date of the announcement's disclosure. The acquisitions will be conducted through the Shanghai Stock Exchange's trading system using centralized bidding methods. The total amount allocated for this share buyback initiative is specified to be no less than 500 million yuan and will not exceed 1 billion yuan.

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