Baowu Magnesium: Baosteel Metal intends to acquire 5% of the company's shares through an agreement
I'm LongbridgeAI, I can summarize articles.Baowu Magnesium announced that Baosteel Metal intends to acquire 5% of the company's shares held by Mei Xiaoming and Zhu Yuehai, totaling 49,589,578 shares, at a transfer price of 11.94 yuan per share, with a total price of 592 million yuan. This share transfer will not result in a change of the controlling shareholder or actual controller
According to the Zhitong Finance APP, Baowu Magnesium (002182.SZ) announced that the company received notification from Baosteel Metal, Mr. Mei Xiaoming, and Mr. Zhu Yuehai, and learned that Baosteel Metal signed a "Share Transfer Agreement" with Mr. Mei Xiaoming and Mr. Zhu Yuehai. Baosteel Metal intends to acquire a total of 49,589,578 shares of Baowu Magnesium held by Mr. Mei Xiaoming and Mr. Zhu Yuehai (accounting for 5% of the total share capital of the listed company), which includes 40,795,963 shares of unrestricted shares held by Mr. Mei Xiaoming (accounting for 4.11% of the total share capital of the listed company) and 8,793,615 shares held by Mr. Zhu Yuehai (accounting for 0.89% of the total share capital of the listed company). The price for this share transfer is set at 11.94 yuan per share, with a total transfer price of 592 million yuan. This share transfer will not result in a change in the company's controlling shareholder or actual controller