Major Shareholder's Affiliate Completes Purchase of Additional CHINA SUNTIEN Shares

Stock News
06/23

An announcement has been issued by CHINA SUNTIEN (00956) regarding the share purchase plan of its major shareholder's affiliated fund.

The company has been notified that Hebei Guofu Equity Investment Fund Management Co., Ltd. has completed its planned share acquisition.

This fund, an indirect non-wholly owned subsidiary of the controlling shareholder Hebei Construction & Investment Group Co., Ltd., purchased the shares through the Shanghai-Hong Kong Stock Connect program.

The transactions occurred between June 16 and June 23, 2026, on the secondary market using centralized competitive bidding.

A total of approximately 10.391 million H-shares were acquired, representing about 0.23% of the company's total issued share capital.

The total consideration for these purchases amounted to roughly RMB 29.99 million.

Following the completion of this purchase plan, Hebei Construction & Investment Group and its related parties now hold a combined total of approximately 2.376 billion shares in the company.

This holding consists of about 2.0588 billion A-shares and approximately 317 million H-shares.

The aggregate stake represents approximately 52.66% of the company's total issued share capital.

It was confirmed that neither the purchasing fund, the controlling shareholder, nor any of their concerted parties sold any of their holdings in the company during this purchase period.

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