Red Avenue New Materials Group (09607) actual controller plans to increase holdings by 6.5 million to 13 million H shares.
Red Avenue New Materials Group (09607) announced that Ms. ZHANG NING, the company's actual controller and chairman, based on her confidence in the company's future development and recognition of the company's long-term value, and in order to boost investor confidence and effectively safeguard investor interests, plans to increase her holdings of the company's H shares within 12 months starting from September 30, 2026, using her own funds or self-raised funds, through the system of The Stock Exchange of Hong Kong Limited by way of central clearing, with the increase ranging from 6.5 million to 13 million shares.
Red Avenue New Materials Group (09607) announced that Ms. ZHANG NING, the company's actual controller and chairman, based on her confidence in the company's future development and recognition of the company's long-term value, and also to boost investor confidence and effectively safeguard investors' interests, plans to increase her holdings of the company's H shares within 12 months starting from September 30, 2026, using her own funds or self-raised funds, through the Hong Kong Exchanges and Clearing Limited system by way of centralized bidding, with the increase ranging from 6.5 million to 13 million shares.
This shareholding increase plan does not set a price range, and will be implemented at an opportune time based on the company's stock price fluctuations and the overall trends of the capital market.
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