Securities Times e Company Newscrashactivision, ST Zhizhi (603869) announced on the evening of May 12 that shareholder Xinao Xinzhi plans to increase its shares with its own funds by no less than 50 million yuan and no more than 100 million yuan. Xinao Xinzhi is the controlling shareholder of the company, Xinao Energy Supply Chain Co., Ltd.crashactivisionacting in concert.