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Liangmianzhen: The controlling shareholder will change from the industrial group to Guangxi State-owned Assets Supervision and Administration Commission, and the stock will resume trading.
Notice from Liangmianzhen: The company’s controlling shareholder industrial group and its concerted parties Liuzhou Yuanhong Investment Development Co., Ltd. and Liuzhou Jingfa Investment Co., Ltd. signed a “Share Transfer Agreement” with Guangxi Guokong Capital Operation Group Co., Ltd. on March 31, 2026.
The industrial group plans to transfer 140 million shares of the company (accounting for 25.46% of the company’s total share capital), Liuzhou Yuanhong plans to transfer 3.0139 million shares (accounting for 0.55%), and Liuzhou Jingfa plans to transfer 10.9592 million shares (accounting for 1.99%) to Guangxi Guokong, totaling 154 million shares (28% of the company’s total share capital).
The transfer price is 7.97 yuan per share, with a total transaction value of 1.23B yuan.
After this transaction is completed, the company’s controlling shareholder will change from the industrial group to Guangxi Guokong, and the actual controller will change from the State-owned Assets Supervision and Administration Commission of Liuzhou Municipal People’s Government to the State-owned Assets Supervision and Administration Commission of Guangxi Zhuang Autonomous Region.
The company’s stock will resume trading on March 31, 2026 (Wednesday).