Huaxin Securities: Controlling shareholders plan to increase their holdings of convertible bonds of the company by 100-200 million yuan and convert them into stocks.

Huaxia Securities announced that its controlling shareholder, Anhui Guokong Group, plans to increase its shareholding in the company by purchasing Huaxia convertible bonds through centralized bidding or block trading within three trading days from the disclosure date of the announcement and converting them into shares during the conversion period of the convertible bonds. The cumulative purchase amount shall not be less than 100 million yuan and shall not exceed 200 million yuan. The proportion of A-shares held by the company after purchasing and converting convertible bonds in this round shall not exceed 2% of the total share capital, including the cumulative shareholding from previous completed plans. The increase plan may be subject to risks of not achieving expected results due to changes in the capital market conditions.