The controlling shareholder of Zhejiang China Commodities City Group (600415.SH) plans to increase their holdings by 500 million to 1 billion yuan.

Zhejiang China Commodities City Group (600415.SH) announcement, the company's controlling shareholder Yiwu China Zhejiang China Commodities City Group Holdings Co., Ltd. (hereinafter referred to as "Mall Holdings") intends to increase its stake in Zhejiang China Commodities City Group through the Shanghai Stock Exchange's centralized bidding, block trade and other methods. The implementation period of this increase plan is 12 months from the date of this announcement. There is no price range for the increase, and the total amount of the increase is not less than RMB 500 million, and not more than RMB 1 billion.