Shenguo Biotechnology (688117.SH)'s controlling shareholder plans to increase the company's shares by 40 to 50 million yuan.

Zhitong Finance and Economics APP News, Shengnuo Biology (688117.SH) announced that the company's controlling shareholder, Sichuan Sainuo Investment Co., Ltd., plans to increase its holdings of company shares through the method allowed by the Shanghai Stock Exchange system (centralized bidding) within 12 months from the disclosure date of the increase plan announcement. The planned amount of the increase will be no less than 40 million yuan and no more than 50 million yuan, with funds coming from its own funds and self-raised funds (including special loans for stock increases).