Beijing Beichen Industrial Co., Ltd. (00588) received a cumulative increase of 263.35,500 A-shares from the controlling shareholder. The plan to increase its holdings has reached the minimum amount

According to the Zhitong Finance App, Beijing Beichen Industrial Co., Ltd. (00588) announced that from October 14, 2025 to July 23, 2026, Dongbei Chen Group, the holding stock of the company, increased its holdings of 263.355 million A-share shares through centralized bidding at the Shanghai Stock Exchange, accounting for 0.99% of the company's total A shares, accounting for 0.78% of the company's total share capital. The increase in holdings was approximately RMB 455.38 million (excluding transaction fees). The plan to increase its holdings has reached the minimum amount but has not yet been implemented. Based on confidence and recognition of the value of the company's continued steady development, Beichen Group will continue to increase its holdings of the company's shares during the implementation period of the holdings increase plan.