For the second time this year! Xinhua News Agency, May 12, the Bank of Chongqing issued an announcement this afternoon that the bank received a letter from Chongqing Water Conservancy Investment (Group) Co., Ltd. on increasing its stake in Chongqing Bank Co., Ltd. The content is that between April 15 and May 11, the Water Investment Group increased its holdings of about 35.0092 million shares of the bank's unlimited-selling conditional tradable shares through the Shanghai Stock Exchange trading system with its own funds, an increase of more than 1 per cent. After this increase, the Water Investment Group holds a total of about 244 million shares of the company, with a shareholding ratio of 7.0133%. A reporter from the Financial Associated Press noted that this increase is the second time that the Water Investment Group has increased its holdings of the Bank of Chongqing this year. From February 11 to April 14 this year, the Water Investment Group increased its holdings of 34.9448 million shares of the bank's unlimited conditional tradable shares through centralized bidding, with an increase of more than 1 per cent. In addition, on November 5 last year, the announcement of the resolution of the board of directors of the Bank of Chongqing disclosed the plan to increase the holdings of Chongqing Water Investment Group. According to the latest reply of the Chongqing State-owned assets Supervision and Administration Commission, out of recognition and trust in the future development of Chongqing Bank, the Water Investment Group plans to increase its cumulative shareholding to no more than 8.5%. (reporter Peng Kefeng)