Hexing's controlling shareholder intends to transfer 5% of the company's shares through an agreement
I'm LongbridgeAI, I can summarize articles.Hexing's controlling shareholder, Hexing Holdings, intends to transfer 24,313,200 shares at a price of RMB 23.80 per share, accounting for 5% of the company's total share capital, to Mr. Zhou Junhe. This share transfer will not affect the company's controlling shareholder and actual controller
According to the Zhitong Finance APP, Hexing Electric Power (603556.SH) announced that on May 6, 2025, the company received the "Share Transfer Agreement" and the "Simplified Equity Change Report of Hangzhou Hexing Electric Power Technology Co., Ltd." issued by its controlling shareholder Hexing Holdings and Mr. Zhou Junhe. Hexing Holdings intends to transfer 24,313,200 shares of the company (accounting for 5% of the company's total share capital) to Mr. Zhou Junhe at a price of 23.80 yuan per share through a negotiated transfer. Mr. Zhou Junhe will use self-raised funds to acquire the above shares. This equity change will not result in a change of the company's controlling shareholder and actual controller