COOLPOINT INNO's controlling shareholder Advance Goal sells approximately 14.71% of the company's equity to Pan Zhihong
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
According to the Zhitong Finance APP, COOLPOINT INNO (08040) announced that on April 11, 2025, the company's controlling shareholder Advance Goal sold a total of 50 million shares to independent third party Mr. Pan Zhihong at an average price of HKD 0.25 per share, accounting for approximately 14.71% of the company's issued share capital as of the date of this announcement, for a total consideration of HKD 12.5 million.
Following the completion of the sale, Advance Goal holds 97.9 million shares, accounting for approximately 28.79% of the company's issued share capital as of the date of this announcement. Advance Goal, along with Mr. Zheng Zengwei, Mr. Zheng Zengfu, and Ms. Liao Lili, is no longer the controlling shareholder of the company but will remain a major shareholder; the buyer has become the company's major shareholder
