Jiangsu Wanlin Modern Logistics' controlling shareholder terminates the agreement to transfer company shares.
Wanlin Logistics (603117.SH) announced that the company's controlling shareholder, Su Rui Investment Co., Ltd. (hereinafter referred to as "Su Rui Investment"), signed a "Share Transfer Agreement" with Huang Fei on August 28, 2025, planning to transfer 77.6066 million shares of the company's unrestricted tradable shares (12.95% of the total share capital) held by Su Rui Investment to Huang Fei through the agreement. On December 1, 2025, the company received a notification from Su Rui Investment and Huang Fei. After negotiations, both parties agreed to terminate the previously signed "Share Transfer Agreement" and signed a "Share Transfer Termination Agreement" on November 30, 2025.
Jiangsu Wanlin Modern Logistics (603117.SH) announced that its controlling shareholder, Su Rui Investment Co., Ltd. (referred to as "Su Rui Investment"), and Huang Fei, signed a "Share Transfer Agreement" on August 28, 2025. Su Rui Investment planned to transfer 77.6066 million shares of the company's unrestricted tradable shares (accounting for 12.95% of the total share capital) to Huang Fei through the agreement. On December 1, 2025, the company received notices from Su Rui Investment and Huang Fei, stating that after mutual agreement between Su Rui Investment and Huang Fei, both parties agreed to terminate the previously signed "Share Transfer Agreement" and signed a "Share Transfer Termination Agreement" on November 30, 2025.
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