Beijing YanDong MicroElectronic Co. Ltd. A688172
▲ PositiveCapitalrelevance
Controlling shareholder's concerted party plans to increase shareholding by 150-300 million yuan, signaling confidence and boosting investor sentiment.

Yandong Micro announced that the concerted party of its controlling shareholder Beijing Electronics Holdings, Electronics Holdings Industry Investment, plans to increase its shareholding in the company through centralized bidding over the next 12 months, with the increase amount ranging from no less than 150 million yuan to no more than 300 million yuan. The increase is based on confidence in the company's future development and recognition of its long-term investment value, aiming to boost investor confidence.
Beijing YanDong MicroElectronic Co. Ltd. AControlling shareholder's concerted party plans to increase shareholding by 150-300 million yuan, signaling confidence and boosting investor sentiment.