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Shenghui Cleanness Expands Stake in BTI with Major Purchase

Shenghui Cleanness Group Holdings Limited (HK:2521) has released an update.

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Shenghui Cleanness Group Holdings Limited has expanded its stake in BTI by acquiring nearly 10 million shares, increasing its ownership to approximately 19.5% of the company’s total issued shares. The acquisition, completed through off-market block trades, amounted to RMB36 million, demonstrating Shenghui’s strategic investment approach. This move, treated as a discloseable transaction, reflects the company’s confidence in BTI’s market prospects.

For further insights into HK:2521 stock, check out TipRanks’ Stock Analysis page.

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