Foshilong: Company's actual controller agreement transfers shares, stock resumes trading.

date
29/07/2025
According to the announcement of Forsenlong, the transfer of shares by the company's actual controller agreement has caused the company's actual controller's shareholding ratio to decrease from 70.01% to 44.72%. Forsenlong's controlling shareholder, Forsenlong Investment, and its concerted action parties Yihua Shan Hui, Zhou Fuhai, and Bo Zhixingyu, have signed a share transfer agreement to transfer a total of 31.7916 million shares, accounting for 25.29% of the company's total share capital. This share transfer does not affect the company's actual controller status, corporate governance structure, and core business. The total transfer price of the shares is 846 million RMB, with a transfer price of RMB 26.62 per share. The company's stock will resume trading on July 29, 2025.