The controlling shareholder of Daya Co., Ltd. (300879.SZ) intends to increase its stake in the company by 20 million to 30 million yuan.

Zhuhai Finance APP reported that Daye Co., Ltd. (300879.SZ) announced that its controlling shareholder, Zhejiang Jindaye Holdings Co., Ltd. (referred to as "Zhejiang Jindaye"), intends to increase its holdings of the companys shares through a special loan and its own funds via centralized bidding on the Shenzhen Stock Exchange within six months from the announcement of this buyback plan. The planned increase amounts to no less than 20 million yuan (inclusive) and no more than 30 million yuan (inclusive). Industrial Bank Co., Ltd. Ningbo Branch has issued a "Loan Commitment Letter" to Zhejiang Jindaye, promising to provide special loans for Zhejiang Jindaye's increase in the companys stock, with a loan amount not exceeding 27 million yuan and a loan term not exceeding 36 months.