Industrials Dec 27, 2020 04:01 PM (GMT+8) · EqualOcean
Yingkou port announced that Yingkou Port Group, the controlling shareholder of the company, plans to transfer 466 million shares of the company by agreement, and Pangang Group, the transferee, will pay the consideration by transferring its 515 million shares of vanadium and titanium to Yingkou Port Group by agreement. If the share transfer is carried out smoothly, Yingkou Port Group will remain the controlling shareholder of the company, China Merchants Group will remain the actual controller of the company, and Pangang Group, the transferee, will hold 7.2% of the shares of the company.