China Suntien Green Energy (00956.HK): Guofu Fund, Person Acting in Concert with Controlling Shareholder, Makes Initial Stake Increase of 3.01 Million H Shares
NewTimeSpace News: On June 16, 2026, China Suntien Green Energy (00956.HK) issued a voluntary announcement stating that Guofu Fund, an indirect non-wholly-owned subsidiary of its controlling shareholder Hebei Construction & Investment Group, intends to increase its holdings in the Company’s H shares via centralized bidding through the Stock Connect mechanism within 12 months commencing from June 16, 2026. The proposed shareholding increase shall not exceed 0.5% of the total issued shares, with an investment amount ranging from no less than RMB15 million to no more than RMB30 million.
The initial share purchase was completed on June 16, 2026. Using its own funds, Guofu Fund acquired 3.01 million H shares through Stock Connect, representing approximately 0.0667% of the total issued shares, at a total consideration of around RMB9.0178 million.
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