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Shanghai Sanmao Enterprise (600689.SH): Shareholder signs the "Custody Agreement".
On January 3, Gelonghui reported that Shanghai Sanmao Enterprise (600689.SH) announced that the company received a notice from the controlling shareholder, the Light Textile Group. The notice disclosed that the Light Textile Group has signed a "Custody Agreement" with the Chongqing State-owned Assets Supervision and Administration Commission, Yufu Holdings, and the Electromechanical Group. The agreement stipulates that the Chongqing State-owned Assets Supervision and Administration Commission and Yufu Holdings have entrusted the management of the Light Textile Group to the Electromechanical Group, which will exercise shareholder rights and duties, excluding shareholder profit rights and the right to dispose of the custodial symbol equity, as well as fulfilling related obligations of shareholders and the shareholder meeting. The custody period is from the effective date of the "Custody Agreement" until the date of termination or cancellation of this agreement. The ultimate controllers of Yufu Holdings and the
Shanghai sanmao enterprise (600689.SH): The company has no plans for mergers and acquisitions.
Gelonghui reported on November 13 that shanghai sanmao enterprise (600689.SH) stated at the performance briefing that there are currently no merger or restructuring plans.
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