Shanghai Pharmaceuticals (601607.SH) Controlling Shareholder Plans to Increase Holdings in Company's H Shares

Stock News
Sep 15, 2025

Shanghai Pharmaceuticals (601607.SH) announced that based on confidence in the company's future development, its controlling shareholder SIIC Group plans to increase holdings in the company's H shares over the next 12 months through its wholly-owned subsidiary SIIC International. The share purchases will be conducted through the Hong Kong Stock Exchange system via centralized bidding method, with a planned increase of 55 million to 74 million shares, not exceeding 2% of the company's voting shares. This increase does not set a fixed price range and will be conducted opportunistically based on capital market conditions. The funding source will be SIIC International's own funds.

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