Zhengqiang Group: Controlling shareholder agreement to transfer 8.9% stake

date
18/09/2025
Announcement of Zhengqiang Holdings: The company's controlling shareholder, Zhengqiang Holdings, plans to transfer 9.256 million shares of the company's non-restricted common stock, accounting for 8.9% of the total share capital, to Zhejiang Yinwan Private Equity Fund Management Co., Ltd. as the representative of Yinwan Quanying 83 Private Equity Securities Investment Fund through an agreement transfer. After this internal transfer, the total number of shares held by the controlling shareholder and its concerted parties and the control ratio will remain unchanged, with no reduction in the market and no change in the company's controlling shareholder, ultimate controller, or control rights. The total transfer price is RMB 273 million. This agreement transfer still needs to obtain regulatory confirmation from the Shenzhen Stock Exchange, and there remains uncertainty in the completion of the transaction. Investors should be aware of the risks.