HAIDILAO's controlling shareholder simplifies shareholding, distributing 32.33% of the capital to the chairman and others

HAIDILAO (06862.HK) announced that one of its controlling shareholders, NP UNITED, has resolved to distribute all of the company's shares held by it in kind to shareholders ZY NP LTD, SP NP LTD, SYH NP LTD, and LHY NP LTD, involving approximately 1.801 billion shares, accounting for 32.33% of the company's equity, in order to simplify the shareholding structure of the company.

Upon completion, NP United will no longer hold any shares, and Chairman Daniel Zhang, Shu Ping, ZY NP LTD, and SP NP LTD will continue as controlling shareholders, collectively holding 49.92% of the company's total equity. Except for Mr. Zhang and his concerted actors, no other shareholders have the right to exercise 30% or more of the company's voting rights