COOLPOINT INNO's controlling shareholder Advance Goal sells approximately 14.71% of the company's equity to Pan Zhihong
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COOLPOINT INNO's controlling shareholder Advance Goal sold 50 million shares to independent third party Pan Zhihong, accounting for approximately 14.71% of the company's issued share capital, for a total consideration of HKD 12.5 million. After the sale, Advance Goal holds 97.9 million shares, accounting for approximately 28.79% of the company's issued share capital. Advance Goal and its affiliates are no longer the controlling shareholders of the company but remain major shareholders, while Pan Zhihong becomes the new major shareholder
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