Dongfang Electric Corporation (01072) controlling shareholder, Dongfang Electric Corporation Group, recently increased its holdings in the company by 660,400 A-shares.
16/04/2025
GMT Eight
Dongfang Electric Corporation (01072) announced that based on the recognition of the company's value and confidence in its future sustainable development, the Dongfang Electric Corporation Group plans to increase its A-share holdings through centralized bidding trading on the Shanghai Stock Exchange from April 11, 2025 to December 31, 2025. The amount of the increase is expected to be between 1 billion and 1.5 billion RMB, with the funding coming from the Group's own funds.
Between April 11, 2025 and April 16, 2025, Dongfang Electric Corporation Group increased its holdings of 660,400 A-share stocks through centralized bidding trading on the Shanghai Stock Exchange trading system.
As of the date of this announcement, the Dongfang Electric Corporation Group holds 1.739 billion A-share stocks of the company. The Group will continue to increase its holdings of the company's shares according to the planned schedule.