New Great Materials (874676): The controlling shareholder increased their stake by approximately 13.71 million shares through block trades

NightAirdropper · 2026-03-28T22:45:22+00:00

Meiri News: On March 27, XinDa Materials announced that on March 26, 2026, the company's controlling shareholder, Shengli XinDa Industrial Group Co., Ltd. (hereinafter referred to as "XinDa Group"), increased its holdings by approximately 13.71 million shares through a block trade. XinDa Group's direct holdings increased from about 224 million shares to approximately 238 million shares. The number of shares held indirectly through its subsidiary, Dongying Huize Venture Consulting Service Co., Ltd. (referred to as "Huize Venture"), remained unchanged at about 3.01 million shares. The total number of shares held increased from 227,415,744 to 241,120,844, and the equity interest changed from 47.16% to 50.00%.(Reporter Zeng Jianhui)Disclaimer: The content and data of this article are for reference only and do not constitute investment advice. Please verify before use. Proceed at your own risk.Daily Economic News

NightAirdropper

2026-03-28 22:45:22

According to a report from Daily Economic News, on March 27, New Material announced that on March 26, 2026, its controlling shareholder, Shengli New Material Group Co., Ltd. (hereinafter referred to as “New Material Group”), increased its shareholding in the company by approximately 13.71 million shares through block trading. The number of shares directly held by New Material Group increased from approximately 224 million shares to approximately 238 million shares. The number of shares indirectly held through its subsidiary Dongying Huize Entrepreneurship Consulting Service Co., Ltd. (referred to as “Huize Entrepreneurship”) remained unchanged at approximately 3.01 million shares, bringing the total number of shares held from 227,415,744 shares to 241,120,844 shares, with the equity ratio changing from 47.16% to 50.00%.

(Reporter Zeng Jianhui)

Disclaimer: The content and data in this article are for reference only and do not constitute investment advice. Please verify before use. Any actions taken based on this are at your own risk.

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