Wuyang Self-Control (300420.SZ) announced that on December 13, 2024, the company's controlling shareholder and actual controller Ms. Cai Min...
According to the Zhito Finance APP news, Wuyang Self-Control (300420.SZ) announced that on December 13, 2024, the company's controlling shareholder and actual controller Ms. Cai Min, Hou Youfu, and Cai Jidong, along with the Shanghai Hehongyou Enterprise Management Partnership (Limited Partnership) (referred to as "Hehongyou"), signed the "Share Transfer Agreement for Jiangsu Wuyang Self-Control Technology Co., Ltd." The target shares are 0.112 billion shares of the listed company legally held by Ms. Cai Min and Hou Youfu, which account for about 10% of the total share capital of the listed company, to be transferred to Cai Jidong and Hehongyou under his actual control, at a transfer price of 3.40 yuan per share. Among them, Ms. Cai Min transfers 99.5885 million shares, accounting for about 8.92% of the total share capital of the listed company; Hou Youfu transfers 12.0499 million shares, accounting for about 1.08% of the total share capital of the listed company. Cai Jidong acquires 82.2266 million shares, accounting for about 7.37% of the total share capital of the listed company; Hehongyou acquires 29.4118 million shares, accounting for about 2.63% of the total share capital of the listed company. On the same day, the listed company's controlling shareholder and actual controller Hou Youfu signed a "Joint Control and Consistent Action Agreement" with Cai Jidong and Hehongyou, stipulating that both parties will jointly control the company, becoming the controlling shareholders of the company, with Hou Youfu and Cai Jidong as the actual controllers, and the agreement will be valid for 24 months from the date both parties sign this agreement and the target shares under the "Transfer Agreement" are delivered.
After the completion of this share transfer and the implementation of the "Joint Control and Consistent Action Agreement," the company's controlling shareholder and actual controller will change, with Hou Youfu and Cai Jidong being the joint actual controllers of the listed company.
In addition, the company will resume trading on December 16, 2024 (Monday) at the opening of the market.