Acrel announced that controlling shareholder, actual controller, and chairman Zhou Zhong, along with director and deputy general manager Zhu Fang, jointly increased their holdings of the company's shares by 393,000 shares through centralized bidding on the Shenzhen Stock Exchange on July 21, with a total transaction amount of 7.489 million yuan. Zhou Zhong plans to continue increasing his holdings within six months from the announcement of this share increase plan, with a total increase amount of no less than 5 million yuan and no more than 10 million yuan, without setting a price range. The increase plan is based on confidence in the company's future development and recognition of its long-term investment value, aiming to boost investor confidence and protect the interests of minority shareholders.
Acrel Co LTDInsider buying by controlling shareholder and director signals confidence and supports stock price.