Summary · why it matters
Guangxi Wuzhou Communications Co., Ltd.'s controlling shareholder, Guangxi Communications Investment Group Co., Ltd., plans to increase its shareholding in the company over the next 12 months, with the proposed increase amounting to no less than 89.045 million yuan and no more than 178.09 million yuan. According to the announcement, the share increase plan will be implemented within 12 months starting from October 8, 2026. Guangxi Communications Investment Group will increase its holdings of the company's A-shares through centralized bidding on the Shanghai Stock Exchange, with the increase not exceeding 2% of the company's total share capital. No price range is set for the share increase, and the funding source is its own funds or other lawful sources of funds. Before the increase, Guangxi Communications Investment Group held 618,948,686 shares of Wuzhou Communications, accounting for 38.45% of the company's total share capital, making it the controlling shareholder. The announcement also disclosed that from September 15, 2025 to September 3, 2026, Guangxi Communications Investment Group had cumulatively increased its holdings by 32,193,000 shares, accounting for approximately 2% of the company's total share capital, with a cumulative increase amount of 135,361,758.24 yuan, and that increase plan has been completed. In the six months prior to this announcement, the entity increasing holdings had no reduction in holdings. Guangxi Communications Investment Group undertakes not to reduce its holdings in the company within 12 months after the completion of the share increase plan and within the statutory period, and notes that this increase may be unable to be implemented or completed on schedule due to changes in the capital market environment, policy adjustments, or other unforeseeable factors.
Guangxi Wuzhou Communications Co Ltd