Financials, Technology Jun 23, 2022 06:50 PM (GMT+8) · EqualOcean
China Huarong announced at the Hong Kong stock exchange that Huarong securities received the reply issued by the CSRC today on Approving the change of major shareholders and actual controllers of Huarong securities. The content of the reply is: to approve Guoxin capital to become the main shareholder of Huarong securities; Approve China Guoxin Holding Co., Ltd. to become the actual controller of Huarong securities; There is no objection to Guoxin capital's legal transfer of 4.205 billion shares of Huarong securities (accounting for 71.99% of the total shares). It is understood that in January this year, China Huarong transferred its 4.205 billion shares of Huarong securities to Guoxin capital for a consideration of 10.933 billion yuan. After the completion of this transfer, China Huarong will no longer own any interests in Huarong securities.