Sinotrans Limited (601598.SH) Plans to Increase Stake in Antong Holdings with Investment of RMB 300-600 Million

Stock News

2025/08/01

Sinotrans Limited (601598.SH) announced that the company plans to increase its shareholding in Antong Holdings Co.,Ltd. using proprietary funds within 12 months starting from July 31, 2025. The planned investment amount ranges from RMB 300 million (inclusive) to RMB 600 million (inclusive), with the purchase price not exceeding RMB 3.2 per share (inclusive). The shareholding increase will be conducted through various methods including but not limited to negotiated transfers, block trades, or centralized bidding transactions.

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The planned investment amount ranges from RMB 300 million (inclusive) to RMB 600 million (inclusive), with the purchase price not exceeding RMB 3.2 per share (inclusive). 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