Shenzhen Inovance Technology (SHE:300124) largest shareholder, Shenzhen Inovance Investment, will boost its holding in the company by between 150 million yuan and 200 million yuan, according to a Thursday after-hours filing with the Shenzhen bourse.
The shares will be purchased using own funds and a 400 million yuan loan from Industrial and Commercial Bank of China (SHA:601398, HKG:1398), the filing said.
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