Huang Shanghuang: Controlling shareholders' concerted action terminates agreement to transfer 5.88% of company shares

K-LinePoet · 2026-04-09T05:04:06+00:00

Huang Shanghuang announced that the equity transfer with Jilin Province Rongyue Equity Investment Fund has been terminated. The original plan was to transfer 32.93M shares at 11.5 yuan per share. The shares have not yet been transferred, and the termination of the transfer does not affect the company's control or operational status.

K-LinePoet

2026-04-09 05:04:06

Abstract generation in progress

Huang Shang Huang Notice: The equity transfer between Xin Yu Huang Shang Huang Investment Management Center (Limited Partnership), the controlling shareholder’s concerted action party, and Jilin Rongyue Equity Investment Fund Management Co., Ltd. (representing “Rongyue Chunhe Duxing Private Securities Investment Fund”) has been terminated. The original plan was for Xin Yu Huang Shang Huang to transfer the company’s shares it held—32.93M shares at a price of 11.5 yuan per share—representing 5.88% of the company’s total share capital. As of the date of this announcement, the aforementioned shares intended for agreement-based transfer have not yet completed the transfer registration procedures, and neither party’s rights and interests have changed. This termination of the agreement-based transfer will not affect the company’s control, day-to-day production and operations, operating performance, or financial condition.

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