Tianzhun Technology: Major shareholder donates part of the company's shares without compensation.
Tianzhun Technology announced that the company's controlling shareholder, Qingyi Investment, has signed donation agreements with the Suzhou Education Development Foundation and the Suzhou Li Zhengdao Education and Science Foundation. Qingyi Investment will donate 1.6 million shares of the company's stock and 1.6 million RMB in cash to the former, and 6.4 million shares of the company's stock and 6.4 million RMB in cash to the latter. This donation will not change the company's controlling interest, governance structure, ownership structure, or ongoing operations.
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