Wuyun Control (300420.SZ) announced that, according to a previous announcement, the company received notification on December 8, 2024...
According to the Zhito Finance APP, Wuyun Control (300420.SZ) announced that, as per a previous announcement, the company received notification from its controlling Shareholder and actual controller Hou Youfu and Cai Min that they are planning an Equity Transfer, with the total proportion of the Equity Transfer expected to account for 13.01% of the company's total share capital. At the same time, Hou Youfu and Cai Min will entrust the voting rights corresponding to the 6.73% of the company equity they Hold. The counterparties for this Trade are Yonghong (Shanghai) Enterprise Management Center (Limited Partnership) and individual Liu Jianrong, and this matter does not involve prior approval from competent authorities. If the aforementioned Trade proceeds smoothly, it will lead to a change in the company's control.
As of the date of this announcement, the trading parties have negotiated the Equity Transfer plan. As of now, this matter is still under negotiation, and the trading parties have not yet signed an agreement. The company expects to be unable to resume trading at the opening on December 11, 2024 (Wednesday). According to the company's application to the Shenzhen Stock Exchange, the company's Stocks (stock abbreviation: Wuyun Control, stock code: 300420) will continue to be suspended from trading starting from the opening on December 11, 2024 (Wednesday), with the suspension expected to last no more than three trading days.