
SHIRONGZHAOYE: Zhu Guang Group indirectly holds 60.28% of shares through a non-compensatory transfer
SHIRONGZHAOYE announced that Zhu Guang Group obtained 90.21% of the equity of Da Hengqin Group through the free transfer of state-owned equity, resulting in an indirect holding of 60.28% of SHIRONGZHAOYE's shares. This acquisition was conducted with the approval of the government or state-owned asset management departments for the free transfer of state-owned assets, leading to investors holding more than 30% of the issued shares of a listed company, which complies with the circumstances exempt from making a tender offer as stipulated in Article 63 of the Measures for the Administration of Acquisitions of Listed Companies, allowing the acquirer to be exempt from making a tender offer

