Tengda Construction announced that the actual controller has accumulated 7.36% of the company's shares and completed the increase plan. 18 was announced in the evening of March, and the actual controller, Chairman Ye and their concerted actions increased the company's shares by a total of1.1800 million shares, accounting for 7.36% of the company's total share capital, with a cumulative increase of 300 million yuan, which has exceeded the lower limit of the increase plan.
Tengda Construction, formerly known as Huangyan Municipal Engineering Company, was approved by Zhejiang Provincial People's Government in August 1995. Zhejiang Tengda Municipal Engineering Co., Ltd. was restructured from the former Huangyan Municipal Engineering Company and is located in the coastal city of Taizhou.