Bluetron High-tech: Sumida acquires 60 million shares to become the controlling shareholder.
Sina Finance reported on March 31st that Blue Science High-Tech announced that the transfer of 60 million shares of the company by China Machinery Assets and Sumida had been completed on March 31st, 2026. Sumida's acquisition of shares accounts for 16.92% of the total share capital of the company, with a total transaction price of 403 million yuan. Following this equity change, Sumida holds 77 million shares of the company, accounting for 21.72% of the total share capital, becoming the controlling shareholder of the company. The "Termination Agreement of the Voting Rights Entrustment Agreement" signed by China Machinery Assets and Sumida has come into effect, and China Machinery Assets will no longer entrust China PuFa to exercise voting rights on the remaining shares. The actual controller of the company remains China Machinery Group.
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