Xinjiang Tianye: Changes in shareholder rights with a stake of over 5% trigger a 1% threshold.

date
06/09/2025
Announcement of Xinjiang Tianye: The company's controlling shareholder Xinjiang Tianye Co., Ltd. and its concerted action person Tianyu Financing Capital Operation Co., Ltd. have cumulatively increased their holdings of the company's shares by 14.8779 million shares through centralized bidding from April 16, 2025 to September 3, 2025, accounting for 0.87% of the company's current total share capital. This equity change increased their holding from 42.15% to 43.02%, reaching the 1% threshold. The source of funding for the increase includes own funds and bank loans. The increase plan has not been fully implemented, and Xinjiang Tianye Co., Ltd. will continue to increase its holdings of the company's shares as planned.