Zhitong Finance App News, Tianhong Co., Ltd. (002419.SZ) announced that the period of the company's second market-based stock increase plan will expire on March 7, 2024. As of the date of this announcement, the company's second phase increase plan holds 1,554,300 shares of the company's shares, accounting for 0.13% of the company's total share capital.

According to the company's second phase increase plan (draft) and other relevant regulations, the second phase increase plan will terminate on its own after the expiration of the term. The holders' meeting authorizes the management committee to complete the liquidation within 30 working days from the date of expiration or termination after deducting relevant taxes and fees according to law (if any), and distribute the shares held by the holder in proportion to the total share.