---
title: "SHIRONGZHAOYE: Zhu Guang Group indirectly holds 60.28% of shares through a non-compensatory transfer"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/256699889.md"
description: "SHIRONGZHAOYE announced that Zhuguang Group obtained 90.21% of the equity of Dahengqin Group through a gratuitous transfer, indirectly holding 60.28% of the shares of SHIRONGZHAOYE. This acquisition has been approved by the government and complies with the provisions of Article 63 of the Measures for the Administration of Acquisitions of Listed Companies, allowing the acquirer to be exempt from making a tender offer"
datetime: "2025-09-10T08:56:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/256699889.md)
  - [en](https://longbridge.com/en/news/256699889.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/256699889.md)
---

# 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

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