China Chengtong increases its holdings of Chinese stocks.

Recently, China Chengtong and its subsidiaries Chengtong Capital and Chengyang Investment have focused on increasing their holdings of Chinese stock assets from state-owned enterprises, with a cumulative purchase of nearly 10 billion yuan. China Chengtong is confident in the prospects of the Chinese economy and the Chinese capital market, and will continue to use its own funds and stock repurchases to increase holdings and obtain large loans for state-owned enterprises and technology companies, fully ensuring the stable operation of the capital market.