Shenli: Termination of Planning for Change of Control Matters
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According to the Zhitong Finance APP, Shenli announced that on July 29, 2025, the company received a notice from its controlling shareholder and actual controller, Mr. Chen Zhongwei, stating that the transferee failed to pay the transaction price on time as agreed in the Share Transfer Agreement. After mutual consultation between both parties, they signed the "Share Transfer Termination Agreement for Changzhou Shenli Electric Motor Co., Ltd." on the same day, agreeing to terminate the planning of this change of control matter
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