Zhejiang Dongwang Times Technology (600052.SH) intends to transfer 7% of its shares to New Ling Technology, a major shareholder, through an agreement with Fuchuang Information.

Zhejiang Dongwang Times Technology (600052.SH) announced that on September 22, 2024, the company's shareholder, New Ling Technology Co., Ltd. (referred to as "New Ling Technology"), holding more than 5% of the company, and Dongyang Fuchuang Information Technology Co., Ltd. (referred to as "Fuchuang Information") signed a "Share Transfer Agreement". New Ling Technology intends to transfer 59.0936 million shares of the company (7% of the total share capital) to Fuchuang Information at a price of 3.80 yuan per share through the agreement transfer method, with a total transfer price of 225 million yuan.