Water Gas Development: Water Gas Group subscribed for 95.6023 million shares, increasing its holding percentage to 52.66%.
Water Development Gas Announcement: The company is issuing stock to specific entities, with the controlling shareholder, Water Development Group, subscribing in full with cash. The number of shares issued is 95.6023 million, at a price of 5.23 yuan per share. This equity change constitutes a related party transaction, and will not result in any changes to the company's controlling shareholder or actual controller. The shareholding percentage of Water Development Group and its concerted persons will increase from 42.80% to 52.66%.
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