Changan Automobile: 19 People Plan to Increase Company Shareholding, Each with a Minimum of RMB 300,000
【River Financial Message】 August 11th, Changan Automobile released an announcement stating that the company and its indirect controlling shareholder, China Changan Automobile Group, have collectivel
【River Financial Message】 August 11th, Changan Automobile released an announcement stating that the company and its indirect controlling shareholder, China Changan Automobile Group, have collectively decided that 19 directors, senior management personnel, and other key individuals will increase their shareholding in the company through a centralized competitive bidding process on the Shanghai Stock Exchange (SSE) within six months starting from August 12th, with each person increasing their holdings by no less than RMB 300,000, totaling not less than RMB 5.7 million.
Changan Automobile stated that this move is based on their full recognition of the company's long-term investment value and future continuous growth prospects, as well as to enhance investor confidence and protect the interests of all investors through actual actions.
The above-mentioned increase in shareholding plan does not set a price range; the increase will be implemented according to the law and regulations based on market conditions. The funds for the increase come from self-owned capital or internally raised funds.
The 19 individuals planning to increase their shareholdings are as follows:
