Guolian Minsheng Securities Company Limited (ASX: 601456.SH) has issued an announcement that its controlling shareholder, Wuxi Guolian Development (Group) Co., Ltd., intends to increase its holdings of the company's A-shares through centralized bidding transactions via the Shanghai Stock Exchange system or other permitted compliant trading methods from the date of the announcement disclosure until March 31, 2027.
The planned increase amount ranges from 80 million yuan (inclusive) to 100 million yuan (exclusive).