Bowe Alloy: The shareholding ratio of the acting in concert party reaches the 5% threshold.

date
23/03/2026
Bowei Alloy Announcement: Bo Wei Group Limited and its concerted action Bo Wei Asia Pacific Limited, Ningbo Bo Wei Jinshi Investment Limited, Xie Chaochun and Ningbo Meishan Bonded Port Dingshun Logistics Limited increased their shareholding in the company through centralized bidding, increasing their shareholding from 39.64% to 40.00%. Prior to this equity change, Bo Wei Group held 2.31 billion shares of the company, accounting for 25.19% of the total share capital at that time; after this equity change, Bo Wei Group held 2.35 billion shares of the company, accounting for 25.55% of the current total share capital.
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Recently, Minister of Industry and Information Technology Li Lecheng, Vice Minister Xin Guobin, and Xiong Jijun separately met with the CEO of Apple, Tim Cook, the President and CEO of Qualcomm, Cristiano Amon, the President and CEO of SK Hynix Corporation, Guo Lujing, the Chairman of the Volkswagen Group, Obo Mousse, the Chairman of the Board of Management of Daimler AG, Kang Linsong, and the Chairman of Siemens AG and other multinational corporations in Beijing who attended the annual meeting of the China Development Forum 2026. The leaders of the Ministry of Industry and Information Technology stated that China is vigorously promoting the development of new industrialization, accelerating the construction of a modern industrial system with advanced manufacturing as its backbone, consolidating and strengthening the foundation of the real economy, and ensuring a good start for the "15th Five-Year Plan". China will further deepen comprehensive reform, continuously expand high-level opening up to the outside world, create a market-oriented, rule-of-law, international first-class business environment, and share with all parties the opportunities for China's modernization development. It is hoped that multinational enterprises will continue to deepen their presence in the Chinese market, collaborate with upstream and downstream enterprises in the Chinese industrial chain, innovate and grow together to achieve mutually beneficial and win-win development. (Ministry of Industry and Information Technology Micro Report)
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