The actual controller of Anhui Shenjian New Materials (002361.SZ) is planning to be changed to the State-owned Assets Supervision and Administration Commission of Wuhu City.

Anhui Shenjian New Materials (002361.SZ) announced that on December 27, 2024, the company received a notice from its controlling shareholder and actual controller, Mr. Liu Zhijian, and his concerted action persons, Ms. Liu Qi, and shareholder Mr. Liu Shaohong (referred to as the "Company's controlling shareholder and concerted action persons"). They have signed an Agreement of Intent for Share Transfer with Wuhu Yuanda Entrepreneurship Investment Co., Ltd. ("Wuhu Yuanda Investment"), under which Wuhu Yuanda Investment intends to acquire a total of 79.2 million shares from the Company's controlling shareholder and concerted action persons (with Mr. Liu Zhijian holding 40 million shares, Ms. Liu Qi holding 32 million shares, and Mr. Liu Shaohong holding 7.2 million shares) (actual transfer amount may vary), accounting for 8.33% of the company's total share capital. After the transfer is completed, the Company's controlling shareholder and actual controller, Mr. Liu Zhijian, will delegate all voting rights of the remaining shares held personally to the other party (valid for three years and automatically terminated at maturity) and sign a concerted action agreement. At that time, Wuhu Yuanda Investment will become the Company's controlling shareholder, and the actual controller of the company will change to the Wuhu State-owned Assets Supervision and Administration Commission.