Tianyong's controlling shareholder intends to transfer 6.995% of the company's shares, with the transfer funds lent to the listed company
Tianyong's controlling shareholder Mingjia Investment plans to transfer 7.56 million shares to BoRan Fund, accounting for 6.995% of the total share capital, with a total transfer price of 214 million yuan. The transfer funds will be lent to the listed company interest-free after tax to support its production and operations and to supplement its working capital
According to the Zhitong Finance APP, Tianyong Intelligent (603895.SH) announced that its controlling shareholder Shanghai Mingjia Investment Co., Ltd. (hereinafter referred to as "Mingjia Investment") intends to transfer 7.56 million shares it holds, accounting for 6.995% of the company's total share capital, to Chengdu Bairan Private Fund Management Co., Ltd. (representing "Jin Suan Pan Hui Pu No. 1 Private Securities Investment Fund") (hereinafter referred to as "Bairan Fund") through a transfer agreement.
The total transfer price is 214 million yuan. The funds from this agreement will be lent to the listed company interest-free after tax, to support the production and operation of the listed company and to supplement its working capital
