Constancy Petrochemicals: Controlling shareholders and their concerted actors plan to increase their stake in the company by 1.5 billion to 2.5 billion yuan.
Hengyi Petrochemical announced that the company's controlling shareholder Hengyi Group and its concerted action person Hengyi Investment plan to increase their holdings of the company's shares with their own funds and special loans for share increases within 6 months from the date of the announcement. They plan to increase their holdings through the Shenzhen Stock Exchange trading system using centralized bidding, block trading, and agreement transfer methods, with the increase amount not less than 15 billion yuan and not exceeding 25 billion yuan, and the price range for the increase is not more than 10 yuan per share. The main entity for the increase will implement the increase plan at an opportune time based on market conditions.
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