News summary

May 16nowagernodepositbonus2022, ST Jiaoang controlling shareholder Shanghai Yunjian and concerted action persons increased their holdings of the company by 148nowagernodepositbonus2022.20,000 shares, and plans to increase its holdings to 3.65% within 6 months.

Newsletter text

On May 16, ST Jiaoang (600530.SH) announced that Shanghai Yunjian and its concerted actions increased their shareholding in the company. [Shanghai Yunjian and concerted action persons increased their holdings of ST Jiaoang by 1.482 million shares, accounting for 0.1912% of the total share capital]

Shanghai Yunjian Industrial Development Co., Ltd.(Shanghai Yunjian) and related parties Shanghai Shijie Decoration Design Engineering Co., Ltd.(Shanghai Shijie) and Shanghai Yushi Trading Co., Ltd.(Yushi Trading) jointly increased their holdings of ST Jiaoang by 1.482 million shares on May 16, accounting for 0.1912%. Shanghai Yunjian and Concerted Action Plan to use their own funds to increase their shares to 3.65%(including the first increase in holdings) within 6 months after the first increase in holdings (ie, from May 16, 2024 to November 15, 2024).

This increase in holdings is a reflection of Shanghai Yunjian and its concerted actions 'confidence in the prospects of ST Jiaoang market. After the completion of the increase plan, Shanghai Yunjian and its concerted actions will hold 3.84% of ST Jiao 'ang shares and become important shareholders of the company.