Crown Material's actual controller-controlled company Shanghai Chenji Xinxin has increased its holdings by 588,100 shares
Crown Material announced that its actual controller-controlled enterprise Shanghai Chenji Xin has increased its holdings by 588,100 shares, accounting for 0.2921% of the total share capital, with an increase amount of 7.5374 million yuan. Due to the failure to complete the increase within the original timeframe, Shanghai Chenji Xin has decided to extend the performance period of the increase plan by 6 months, until August 31, 2025, while other content of the increase plan remains unchanged
According to the Zhitong Finance APP, Crown Material (688560.SH) announced that as of the date of this announcement, the enterprise controlled by the actual controller of the company, Shanghai Chenji Xinxin, has cumulatively increased its holdings of the company's shares by 588,100 shares through the Shanghai Stock Exchange trading system, accounting for 0.2921% of the company's total share capital, with a cumulative increase amounting to 7.5374 million yuan.
In addition, since Shanghai Chenji Xinxin was unable to complete the increase within the original deadline, but based on confidence in the company's future development and in the spirit of continuing to fulfill the increase plan, Shanghai Chenji Xinxin intends to extend the performance period of this increase plan by 6 months, from March 1, 2025, to August 31, 2025, while other content of the increase plan remains unchanged
