NEW SILKROAD's largest single shareholder has been transferred to China Agricultural Products, with a transfer price discount of 59%
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NEW SILKROAD announced that its controlling shareholder Xinhua Lian International sold a 28.5% stake to China Agricultural Products for 149 million yuan, with a transfer price of 16.3 cents per share, representing a discount of approximately 59.3%. After this transaction, China Agricultural Products became the single largest shareholder, while Yingxin Development's shareholding decreased to 26.29%
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