In order to guarantee the smooth release of H-shares, Zoomlion sincere heavy strike. Yesterday, Zoomlion issued a notice, the major shareholder in Hunan province Sasac to the average cost of 19.92 yuan/share, through the open trading system to increase the 4.1974 million shares, the total cost of 84 million yuan. After the completion of the overweight, Hunan province Sasac's shareholding in Zoomlion will reach 21.426%. This month, on 7th, Zoomlion announced that it would push through an H-share IPO to advance the internationalization process. For the purpose of the table, Zoomlion first launched a A-shares in Shanghai and Shenzhen A high transfer plan, to the total share capital as at June 30 as the base, to all shareholders 10 shares to send 15 shares, at the same time distribution of cash 1.7 yuan (including tax), the price of a single push up the rise. Now, the large shareholder's increase is also stated to be out of confidence in the future development, escort of the meaning at a glance. According to the announcement, the Hunan Sasac's shareholding is 0.213% of the total equity, and indicates that it will continue to increase its holdings to no more than 1% of the company's total share capital (including those with an increased portion) within the next 6 months.
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