Guolian Minsheng announced on October 8 that the issue price for its share issuance to controlling shareholder Guolian Group to purchase assets was 11.17 yuan per share, and Guolian Group issued a commitment letter regarding increasing its shareholding in the listed company under specific conditions. As of September 30, 2026, the company's closing stock price had been below 80% of the issue price for this transaction for 20 consecutive trading days, and the conditions triggering the shareholding increase obligation stipulated in the commitment letter had been met. The company recently received a notification letter from Guolian Group stating that, after completing the relevant state-owned asset approval procedures, Guolian Group will increase its shareholding in the company through methods permitted by laws and regulations within six months from the date the triggering circumstances occurred, with the total amount of the planned increase being no less than the cash dividends Guolian Group received from the company in 2025.
Guolian Securities Co LtdControlling shareholder Guolian Group committed to increase its stake in the listed company after the share price fell below 80% of the 11.17 yuan issuance price, triggering the shareholding-increase obligation.
