Linglong Tire: Major shareholder plans to increase its holdings in the company by 1.8 billion to 2.3 billion yuan.

Linglong Tire announced on May 20th that the company's controlling shareholder, Linglong Group, plans to increase its holdings of company's stocks through the Shanghai Stock Exchange trading system in a centralized bidding manner within six months from the disclosure date of this announcement, with a total amount of no less than 1.8 billion yuan and no more than 2.3 billion yuan.