The controlling shareholder of Yellow River Tornado (600172.SH) plans to increase its holdings of the company's shares by 100 million to 200 million yuan.
Intelligence Financial APP News, Yellow River Tornado (600172.SH) issued an announcement. The company's controlling shareholder, Xuchang Industrial Investment, plans to increase its holdings by using its own funds and special loans for an amount not less than 1 billion yuan and not more than 2 billion yuan within 12 months from the date of the announcement. There is no price range for the increase plan, and the company will increase its shares at an opportune time based on the fluctuation of the company's stock price.
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