CONCORD HC GP (02453) announced that the company has been informed by its controlling shareholder Concord Medical Services Holdings Limited (CCM) that CCM plans to increase its shareholding in the company within 12 months from the date of this announcement. The company has been informed that to execute the share increase, CCM will conduct purchases through its subsidiaries using proprietary funds in the open market, with specific increase transactions to be disclosed in a timely manner in accordance with relevant rules. The shareholding increase plan aims to consolidate CCM's controlling position, enhance CCM's shareholding ratio, and convey positive information to the market that the controlling shareholder is confident about the group's future prospects and long-term development.