Xingfa Group (600141.SH): Yichang Xingfa Investment plans to increase its shareholding in the company by 100 million to 120 million yuan.

Zhitong Finance APP News, Xingfa Group (600141.SH) announced that Yichang Xingfa Investment Co., Ltd. ("Yichang Xingfa Investment"), a wholly-owned subsidiary of the company's controlling shareholder Yichang Xingfa Group Co., Ltd., intends to increase its holdings of the company's A-shares through the Shanghai Stock Exchange system by way of centralized bidding using its own funds within 3 months from the date of disclosure of the announcement, with the total amount of the increase not less than RMB 100 million (inclusive) and not more than RMB 120 million (inclusive).