Gate.io 12th October, Jinshi Data, Wuyang Automation, announced that the company's controlling shareholder and actual controller, Hou Youfu and Cai Min, are planning to transfer their shares. The total share transfer ratio is expected to account for 13.01% of the total share capital of the company. At the same time, Hou Youfu and Cai Min will entrust the voting rights corresponding to their total holdings of 6.73% of the company's equity. The parties to the transaction are Yonghong Enterprise Management Center and individual Liu Jianrong. If the above-mentioned transaction proceeds smoothly, it will result in a change of control of the company. As of the date of this announcement, the parties to the transaction have been negotiating the equity transfer plan. As of now, the matter is still in the negotiation process and the parties to the transaction have not yet signed the protocolo. The company's stock will continue to be suspended from trading starting from the morning of Wednesday, 11th December 2024, and the suspension is expected to last no more than 3 trading days.
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Wuyang Auto: The change of control is still under negotiation. The stock will continue to be suspended.
Gate.io 12th October, Jinshi Data, Wuyang Automation, announced that the company's controlling shareholder and actual controller, Hou Youfu and Cai Min, are planning to transfer their shares. The total share transfer ratio is expected to account for 13.01% of the total share capital of the company. At the same time, Hou Youfu and Cai Min will entrust the voting rights corresponding to their total holdings of 6.73% of the company's equity. The parties to the transaction are Yonghong Enterprise Management Center and individual Liu Jianrong. If the above-mentioned transaction proceeds smoothly, it will result in a change of control of the company. As of the date of this announcement, the parties to the transaction have been negotiating the equity transfer plan. As of now, the matter is still in the negotiation process and the parties to the transaction have not yet signed the protocolo. The company's stock will continue to be suspended from trading starting from the morning of Wednesday, 11th December 2024, and the suspension is expected to last no more than 3 trading days.