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China Communications Construction (01800) was increased by 2.32 million H shares by the controlling shareholder and will continue to increase its H share holdings by no more than 500 million yuan

Zhitongcaijing·06/09/2025 13:49:06
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According to the Zhitong Finance App, China Communications Construction (01800) announced that after closing on June 9, 2025, the company received a notice from CCCC Group, the controlling shareholder. CCCC Group increased its H share holdings by 2.32 million shares through the Shanghai Stock Exchange Hong Kong Stock Connect trading system on June 9, 2025. At the same time, based on high recognition of the company's intrinsic value and confidence in future steady development, CCCC Group plans to increase its H share holdings within 12 months from the date of this announcement. The amount of increase in holdings will not be less than RMB 250 million (including capital) and no more than RMB 500 million (including capital).

Based on a firm optimism about China's capital market, active promotion of market value management of listed companies, high recognition of the company's intrinsic value and confidence in continued and stable development in the future, in order to enhance investor confidence, support the company's continuous, healthy and stable development, and maintain the stability of the capital market and the company's stock price, China Communications Construction will plan to buy back the company's A shares, and CCCC Group will plan to increase its holdings of CCCC H shares.