Tsingtao Brewery's controlling shareholder and its concert parties plan to increase holdings of A and H shares by 150 million to 300 million yuan

Stock News07-24

Tsingtao Brewery Company Limited (SHA: 600600) has announced that its controlling shareholder, Tsingtao Brewery Group Co., Ltd., and its concert parties plan to increase their holdings of the company's A and H shares.

The increase, funded by their own capital, will be executed through a centralized bidding system on the Shanghai Stock Exchange and the Hong Kong Stock Exchange system. The planned period for this action is within six months starting from July 24, 2026.

The total intended amount for the share increase is no less than 150 million yuan (inclusive) and no more than 300 million yuan (inclusive). The initial increase has already been implemented, involving the purchase of 40,000 A shares and 62,000 H shares.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment