NEP INTERLONG: The change of equity of the controlling shareholder has been terminated
According to the announcement from Dolphin Research, NEP INTERLONG has informed that the company's controlling shareholder, Haiwang Biology, has communicated that after friendly negotiations among all parties, Haiwang Group has terminated the share transfer agreement with the Textile Group. Haiwang Biology has also separately terminated the share subscription agreements with the Textile Group and Guangxin Holdings. Thus, the matter of control change has been terminated. The company's board of directors believes that the termination of the control change expectation will not have any significant impact on the company's normal business activities
According to a report from Zhitong Finance APP, NEP INTERLONG (08329) announced that the company was informed by its controlling shareholder, Haiwang Biology, that after friendly negotiations among all parties, Haiwang Group has terminated the share transfer agreement with the Textile Group. Haiwang Biology has also terminated the share subscription agreements with both the Textile Group and Guangxin Holdings. Thus, the change of control matter has been terminated.
The board of directors of the company believes that the termination of the expected change of control will not have any significant impact on the normal business activities of the company
