Fengyuan Pharmaceutical: Related parties of the controlling shareholder intend to transfer 21.53% of shares, and control is expected to change.
Fengyuan Pharmaceutical announced that its controlling shareholder, Fengyuan Group's concerted action parties, Anhui Wuwei Pharmaceutical Factory, Ma'anshan Fengyuan Enterprise Management Co., Ltd., and Bengbu Tushan Enterprise Management Co., Ltd., have signed a share transfer agreement with Bengbu Investment Group Co., Ltd. Bengbu Investment Group intends to acquire a total of 100 million shares of the company held by the aforementioned three parties through a negotiated transfer, with a total transfer price of 641 million yuan. Following the completion of this transaction, the controlling shareholder of the company will change from Fengyuan Group to Bengbu Investment Group, and the actual controller will change from Li Rongjie to the Bengbu Municipal State-owned Assets Supervision and Administration Commission.
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