Vanward Group: The controlling shareholder's shareholding plan has been implemented by more than half, but the shares have not been increased yet.
Wanxiang Agriculture Announcement stated that the controlling shareholder Wanxiang Sannong Group plans to increase its stake in the company by 25-50 million yuan within 12 months starting from May 14, 2025, not exceeding 2% of the total share capital. As of the date of the announcement disclosure, more than half of the increase plan has been implemented, and Wanxiang Sannong has not increased its shareholding yet, as it is gradually being arranged for implementation. It will increase its stake opportunistically, using its own funds or special loans, but the plan may not be achieved as expected due to market changes and other factors. Before the increase, Wanxiang Sannong held 142,650,135 shares, accounting for 48.76% of the total shares.
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