Several A-share companies' major shareholders implement increased holdings

Securities Daily reporter Chen Hong

Recently, many A-share listed companies’ major shareholders have released announcements related to share purchases. These purchases span multiple fields including electronics, construction machinery, pharmaceuticals, and building materials. With their practical actions of real capital, major shareholders demonstrate strong confidence in the development prospects of the listed companies. At the same time, this also helps stabilize market expectations.

Specifically, on the evening of April 1, Suzhou Good-Ark Electronics Co., Ltd. (hereinafter referred to as “Suzhou Good-Ark”) issued an announcement stating that the company’s controlling shareholder, Suzhou Tongbo Electronic Equipment Co., Ltd., plans to increase its holdings of the company’s shares through a method permitted by the Shenzhen Stock Exchange. Within 6 months from the date the share purchase plan is disclosed, the total amount of the share purchase will not be less than RMB 50 million and not more than RMB 100 million. The source of funds for this share purchase is Suzhou Tongbo’s own funds or self-raised funds.

As for the original intent of this share purchase, the announcement makes it clear that this is mainly based on confidence in Suzhou Good-Ark’s future development prospects and a reasonable judgment of the company’s stock value, while also aiming to boost investor confidence, earnestly safeguard the interests of small and medium investors, and maintain stability in the capital market.

In addition to Suzhou Good-Ark, in recent times, several other listed companies in different industries have also released announcements related to share purchases. On April 1, XCMG Group Construction Machinery Co., Ltd. issued an announcement stating that the company’s controlling shareholder, Xuzhou Construction Machinery Group Co., Ltd. (hereinafter referred to as “XCMG Group”), plans to increase its holdings of the company’s shares within 6 months starting from December 26, 2025, through a method permitted by the exchange trading system. The proposed share purchase amount will be no less than RMB 80 million and no more than RMB 160 million. As of March 31, 2026, XCMG Group has cumulatively increased its holdings by 9.1572 million shares of the company; after this share purchase, XCMG Group will hold 2.47 billion shares of the company, and its shareholding ratio will rise from 20.94% to 21.02%.

On the same day, Shanghai Junshi Biosciences Co., Ltd. issued an announcement stating that the share purchase plan of the company’s controlling shareholder and one of its actual controllers, as well as chairman Xiong Jun, has been fully implemented. From April 12, 2025 to March 31, 2026, he cumulatively increased his holdings of the company’s A+H shares by 3.2595 million shares, accounting for 0.32% of the company’s total share capital. The cumulative transaction amount was RMB 101 million, which exceeds the lower bound of the share purchase plan by completing it ahead of schedule.

On March 26, Anhui Conch Cement Co., Ltd. issued an announcement stating that its controlling shareholder, Anhui Conch Group Co., Ltd. (hereinafter referred to as “Conch Group”), had previously planned to increase its holdings of the company’s A-share stocks using its own and self-raised funds through centralized competitive bidding. The planned share purchase amount would be no less than RMB 700 million and no more than RMB 1.4 billion. Between March 3, 2026 and March 25, 2026, Conch Group had increased its holdings of the company’s A-share stocks by 34.7556 million shares through centralized competitive bidding transactions. After this change in equity, Conch Group’s shareholding increased from 1.93B shares to 1.96B shares, and its shareholding ratio rose from 36.40% to 37.05%.

Tian Lihui, a professor of finance at Nankai University, told Securities Daily reporter: “In recent times, major shareholders of listed companies have been intensively increasing their holdings. Fundamentally, this reflects a rational recognition by industrial capital of the intrinsic value of listed companies, as well as positive assessments of the company’s business fundamentals and industry development trends. The share purchase entities will take maintaining stability in the capital market and boosting investor confidence as key considerations. This not only reflects the linkage of interests between major shareholders and small and medium shareholders, but also shows industrial capital’s confidence in the long-term healthy development of the capital market.”