China Vanke Co (HK:2202) has released an update.
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China Vanke Co. has successfully completed its shareholding increase plan, acquiring 29,564,128 A shares, which constitutes 0.25% of its total issued capital, at a cost of RMB200.08 million. This strategic move was participated by directors, supervisors, and other core management members, who collectively invested approximately RMB74.31 million and have agreed to a voluntary lock-up period of two years for these shares. Shareholders and potential investors are urged to exercise caution in their dealings with the company’s securities.
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