Changaluminum Co., Ltd.: Controlling shareholder Qilu Caijin intends to transfer 22.38% of the company's shares by agreement.
Chang Aluminum announced that the company's controlling shareholder, Qilu Caijin Investment Group Co., Ltd., and Shandong Jixin Industrial Development Co., Ltd. have signed a "Stock Transfer Agreement". Qilu Caijin intends to transfer 2.31 billion shares of the company, accounting for 22.38% of the total share capital, through the agreement. The transfer price is 5.79 yuan per share, with a total price of 1.338 billion yuan. After this transfer is completed, Jixin will become the controlling shareholder of the company, and the actual controller will change from the State-owned Assets Supervision and Administration Commission of Jinan Municipal People's Government to the Management Committee of Jinan New and Old Kinetic Energy Conversion Pilot Area.
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