Huaren Pharmaceutical (300110.SZ) announced that its indirectly-controlling shareholder Xian Qujiang Cultural Financial Holdings (Group)...
According to the announcement of Huaren Pharmaceutical (300110.SZ) on Zhitong Finance APP, its indirectly-controlling shareholder Xian Qujiang Cultural Financial Holdings (Group) Co., Ltd. terminated the previous plan to transfer its equity interests held by Xian Qujiang Tianshou Health Investment Partnership Enterprise (Limited Partnership), the controlling shareholder of the company, to Shaanxi Pharmaceutical Holdings Group Co., Ltd. The company is planning to transfer its equity interests held by Xian Qujiang Tianshou Health Investment Partnership Enterprise (Limited Partnership), the controlling shareholder of the company, to Xi'an Health Medical Group Co., Ltd.
If the transfer of equity interests is eventually completed, it may involve the change of the company's actual controller from the Management Committee of Xian Qujiang New Area to the State-owned Assets Supervision and Administration Commission of the People's Government of Xi'an. The planning for the transfer is still in progress, and the specific implementation plan is still under negotiation. It also needs to be approved by relevant government departments, and there is considerable uncertainty in the final implementation.