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Huada Technology: Shareholder Zhang Yaokun plans to increase his stake in the company by 200 million to 300 million yuan
On March 27, People’s Financial News reported that Huada Technology (603358) announced on March 27 that, based on confidence in the company’s development prospects and recognition of the long-term investment value of the company’s stock, shareholder Zhang Yaokun plans to increase his holdings of the company’s A-shares within six months through centralized bidding or block trading, with a cumulative investment amount of no less than 200 million yuan and no more than 300 million yuan, and the purchase price not exceeding 70 yuan per share. As of the announcement date, Zhang Yaokun and his concerted action party, Zhejiang Zhenyuan Investment Management Co., Ltd., managing a series of funds, held a total of 32.041 million shares of the company, accounting for 6.82% of the company’s total share capital.