Gelonghui, January 6, 丨 Guangzhou Development (600098.SH) announced that on January 3, 2025, Guangzhou Industrial Investment Holding Group Co., Ltd. (hereinafter referred to as “Guangzhou Industrial Investment”), the controlling shareholder of the company, Guangzhou Industrial Investment Investment Fund Management Co., Ltd. - CIC Securities Investment Value No. 1 Private Equity Investment Fund (hereinafter referred to as “CIPI Securities Investment - Value No. 1”) increased its A-share holdings through centralized bidding transactions through the Shanghai Stock Exchange system, accounting for 0.23% of the company's total share capital.
Based on confidence in the company's continued stable development in the future and recognition of the company's value, Guangzhou Industrial Investment and its co-operator, Asset Investment Securities Investment - Value 1, plan to increase the company's A-share holdings by no less than RMB 100 million (inclusive) through centralized bidding through the Shanghai Stock Exchange stock trading system for 6 months from the first day of this increase in shares (that is, January 3, 2025), and not more than RMB 200 million (including this increase).