The company controlled by the actual controller of SQM plans to spend between 20 million and 40 million yuan to increase its shareholding

Zhitong
2025.04.14 11:50
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SQM announced that WeiHua Electronics Co., Ltd. plans to increase its holdings in the company within the next 12 months, with an investment amount between 20 million and 40 million yuan. WeiHua Electronics Co., Ltd. is controlled by actual controllers Tang Yingmin and Tang Yingnian

According to the announcement from Zhitong Finance APP, SQM (688138.SH) stated that the company received a notice from AVA INTERNATIONAL LIMITED regarding the plan to increase its holdings in Shenzhen SQM Co., Ltd. AVA INTERNATIONAL LIMITED is an enterprise controlled by the actual controllers Tang Yingmin and Tang Yingnian. AVA INTERNATIONAL LIMITED plans to increase its holdings of the company's unrestricted circulating A-shares through the Shanghai Stock Exchange trading system within 12 months from the date of this announcement, with the intended increase amount not less than RMB 20 million and not exceeding RMB 40 million

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