The actual controller of NANFANG BLACK SESAME plans to change to the Guangxi State-owned Assets Supervision and Administration Commission, resuming trading on August 11
NANFANG BLACK SESAME announced that its controlling shareholder, Heiwulei Group, has signed a share transfer agreement with Guanglv Dajiankang, under which Guanglv Dajiankang will acquire 20% of the shares held by Heiwulei Group. After the change in equity, the controlling shareholder will be changed to Guanglv Dajiankang, and the actual controller will be changed to the Guangxi State-owned Assets Supervision and Administration Commission. The company's stock will resume trading on August 11, 2025
According to the announcement from Zhitong Finance APP, Nanfang Black Sesame (000716.SZ) stated that its controlling shareholder, Guangxi Heiwulei Food Group Co., Ltd. (referred to as "Heiwulei Group"), signed a "Share Transfer Agreement" with Guangxi Tourism Development Health Industry Group Co., Ltd. (referred to as "Guanglv Health") on August 8, 2025. Guanglv Health intends to acquire 20% of the company's shares held by Heiwulei Group through an agreement. On the same day, Heiwulei Group, Wei Qingwen, Li Hanrong, Li Hanchao, and Li Yuqi signed a "Voting Rights Waiver Commitment," agreeing to unconditionally and irrevocably waive the voting rights corresponding to the shares held by each of the committers (totaling 17.66% of the company's shares, or 133 million shares) from the date of completion of the transfer of the shares under the "Share Transfer Agreement," and will not delegate any other party to exercise the voting rights of such shares.
After the completion of the equity change, the company's controlling shareholder will change from Heiwulei Group to Guanglv Health, and the actual controllers of the company will change from Mr. Li Hanchao, Mr. Li Hanrong, Mr. Li Yuqi, Mr. Li Yujian, Mr. Li Yuyu, Mr. Gan Zheng, and Ms. Li Shuxian to the State-owned Assets Supervision and Administration Commission of the People's Government of Guangxi Zhuang Autonomous Region (referred to as "Guangxi SASAC").
The company's stock will resume trading on August 11, 2025 (Monday) at the opening of the market
