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Yellow River Whirlwind: Controlling shareholder increases holdings by 1.53%
Yellow River Spin-Offs Announcement: From May 14, 2025 to March 4, 2026, the controlling shareholder, Xuchang State-Owned Industrial Investment Co., Ltd., through centralized bidding on the Shanghai Stock Exchange, increased its holdings of the company’s shares by 22.0001 million shares, accounting for 1.53% of the company’s total share capital. The amount of funds used was 104 million yuan, reaching the lower bound of the previously disclosed share repurchase plan of between 100 million yuan and 200 million yuan; the share repurchase plan has been fully implemented. After the increase, Xuchang Industrial Investment and its parties acting in concert collectively hold 282 million shares, representing 19.52%.