Nov 28, 2021 04:18 PM (GMT+8) · EqualOcean
Financial Associated Press, November 28 - Yongyue technology announced that Jiangsu Huaying, the controlling shareholder of the company, signed a share transfer agreement with Fu Wenchang, the shareholder of the company. Fu Wenchang plans to transfer 45.64 million shares of the company to Jiangsu Huaying at a transfer price of 9.93 yuan / share and a total price of 453 million yuan. After the transfer, the shareholding ratio of Jiangsu Huaying increased from 17.16% to 29.75%. The controlling shareholders of this transaction are intended to further consolidate the control of listed companies and continue to optimize the industrial structure of listed companies.

This text is a result of machine translation.