SINOFERT (00297): Sinofert Hong Kong and China Chemicals Hong Kong have entered into a share transfer agreement.
China Chemical Fertilizer (00297) announced that as part of the restructuring within the group, its direct controlling shareholder, Sinofert Holdings (Hong Kong) Limited (Sinofert Hong Kong), has notified the company that on December 6, 2025, Sinofert Hong Kong has entered into a share transfer agreement with China Chemical (Hong Kong) Group Limited (China Chemical Hong Kong). According to the agreement, Sinofert Hong Kong has agreed to transfer all of its 3.699 billion ordinary shares of the company (shares representing approximately 52.65% of the total issued share capital of the company as of the date of this announcement) to China Chemical Hong Kong at a nominal consideration. The obligations of the parties under the share transfer agreement will only become effective upon the fulfillment of the regulatory conditions set forth in the agreement.
SINOFERT (00297) announces that as part of a restructuring within the group, its controlling shareholder, Sinofert Group (Hong Kong) Holdings Limited (Sinofert Hong Kong), has entered into a share transfer agreement with China National Chemical Corporation (China National Chemical Holdings) Limited (China National Chemical Hong Kong) on December 6, 2025. According to the agreement, Sinofert Hong Kong has agreed to transfer all of its 3.699 billion ordinary shares of the Company (shares, representing approximately 52.65% of the Company's issued share capital as of the date of this announcement) to China National Chemical Hong Kong at a nominal price.
Upon completion of the proposed transfer, China National Chemical Hong Kong will become the Company's direct controlling shareholder, holding 3.699 billion shares, representing approximately 52.65% of the Company's issued share capital as of the date of this announcement, while China National Chemical will continue to be the ultimate controlling shareholder of the Company.
Related Articles
Bidding for Warner Bros. (WBD.US) enters a critical period, while Paramount Skydance (PSKY.US) speeds up the antitrust review process.
US Stock Market Move | Multiple departments issued letters to support the new consumption and financial consumption driving LexinFintech Holdings Ltd. Sponsored ADR Class A (LX.US) to rise by 6.04%.
Industry's First Rider Family Hospitalization Protection Implemented Meituan Upgrades Major Illness Care Plan Covering Over One Million Rider Families
Bidding for Warner Bros. (WBD.US) enters a critical period, while Paramount Skydance (PSKY.US) speeds up the antitrust review process.
US Stock Market Move | Multiple departments issued letters to support the new consumption and financial consumption driving LexinFintech Holdings Ltd. Sponsored ADR Class A (LX.US) to rise by 6.04%.
Industry's First Rider Family Hospitalization Protection Implemented Meituan Upgrades Major Illness Care Plan Covering Over One Million Rider Families
