Beijing Yanjing Brewery (SHE:000729) shareholder Beijing Yanjing Brewery Group will increase its shareholding by purchasing 4.6 million shares through centralized bidding on the Shenzhen bourse, according to a Tuesday stock exchange disclosure.
The shareholder, acting in concert with controlling shareholder Beijing Yanjing Brewery Investment, purchased the stock for 50.3 million yuan, the filing said.
Following the purchase, the shareholding of the controlling shareholder and the party acting in concert will rise to 59.43% from 59.27%.