The controlling shareholder of Zhejiang Great Shengda Packaging (603687.SH), Xinsengda, intends to transfer 44,002,600 shares to Hechuang Xinyuan through an agreement.
Da Sheng Da (603687.SH) announcement, the company's controlling shareholder Hangzhou Xinshengda Investment Co., Ltd. (referred to as "Xinshengda") and Hainan Hechuangxinrong Investment Partnership Enterprise (Limited Partnership) (referred to as "Hechuangxinrong") signed a "Stock Transfer Agreement" on March 18, 2026. Xinshengda intends to transfer its 440.26 million shares of the company to Hechuangxinrong at a price of 9.9540 yuan per share through the agreement, accounting for 8.00% of the total number of shares of the company, with a transaction amount of 438 million yuan.
Zhejiang Great Shengda Packaging (603687.SH) announced that the company's controlling shareholder, Hangzhou Xinshengda Investment Co., Ltd. (referred to as "Xinshengda"), and Hainan Hechuang Xinrong Investment Partnership Enterprise (Limited Partnership) (referred to as "Hechuang Xinrong") signed a "Stock Transfer Agreement" on March 18, 2026. Xinshengda intends to transfer its 44.026 million shares in the company, accounting for 8.00% of the total shares, to Hechuang Xinrong at a price of 9.9540 yuan per share through the agreement. The transaction amount is 438 million yuan.
Related Articles

US Stock Market Move | Storage concept stocks rose against the market trend, with Sandisk (SNDK.US) rising more than 3%.
.png)
US Stock Market Move | Hello Group Inc. Sponsored ADR (MOMO.US) rose more than 5% with overseas net revenue in the fourth quarter of 2025 increasing by 70.3% year-on-year.

US Stock Market Move | Li Auto, Inc. Sponsored ADR Class A (LI.US) falls more than 4% as chip price increases bring cost challenges.
US Stock Market Move | Storage concept stocks rose against the market trend, with Sandisk (SNDK.US) rising more than 3%.

US Stock Market Move | Hello Group Inc. Sponsored ADR (MOMO.US) rose more than 5% with overseas net revenue in the fourth quarter of 2025 increasing by 70.3% year-on-year.
.png)
US Stock Market Move | Li Auto, Inc. Sponsored ADR Class A (LI.US) falls more than 4% as chip price increases bring cost challenges.

RECOMMEND

European Carmakers Embrace China: Under Technology And Cost Pressure, Stellantis And Mercedes Seek Partnerships With Chinese Automakers
17/03/2026

HKEX Listing Mechanism Reform Revisited: How To Balance New Favorites And Established Names
17/03/2026

International Oil Prices Plunge Boosts U.S. Stocks; Morgan Stanley Chief Says Market Correction Nearing End
17/03/2026


