ST shareholders' welfare: Supplementary agreement signed with controlling shareholders for issuing stocks to specific targets.
ST Renfu announced that the company plans to issue A-shares to specific targets, with the issuing target being the controlling shareholder China Merchants Life Science and Technology Co., Ltd. Due to adjustments made to the issuance plan, the company signed a "Supplementary Agreement" with China Merchants Life Science on June 18. The agreement adjusted the issuance quantity, subscription quantity, subscription price, and other matters. This transaction constitutes a related party transaction, but does not constitute a major asset restructuring. The completion of this related party transaction is still subject to approval by the Shanghai Stock Exchange and registration by the China Securities Regulatory Commission, and there is uncertainty as to whether it can ultimately be completed.
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