Summary
[ST Longjing: The company’s controlling shareholder plans to change to Zijin Mining]ST Longjing announced that Zijin Mining plans to transfer a total of 161 million shares of the company through agreement, accounting for regarding 15.02% of the company’s total share capital; at the same time, the company’s controlling shareholder Longjing Industrial Sunshine Hongrui and its concerted action person entrusted all the voting rights of the remaining 107 million shares of Longjing Environmental Protection (accounting for 10.02% of the company’s total share capital) to Zijin Mining. After the completion of this transaction, the controlling shareholder of the company will be changed from Longjing Industry to Zijin Mining, and the actual controller of the company will also be changed from Wu Jie to Minxi Xinghang State-owned Assets Investment and Operation Co., Ltd. At the same time, the company plans to terminate the non-public offering of shares to Zijin Mining. (Financial Association)
ST Longjingannouncement,Zijin MiningIt is planned to transfer a total of 161 million shares of the company through the agreement, accounting for regarding 15.02% of the company’s total share capital;shareholderLongjing Industry and its concerted action person Sunshine Hongrui entrusted all the voting rights of the remaining 107 million shares of Longjing Environmental Protection (accounting for 10.02% of the company’s total share capital) to theZijin Miningexercise.After the completion of this transaction, the controlling shareholder of the company will be changed from Longjing Industrial toZijin Mining, the actual controller of the company will also be changed from Wu Jie to Minxi Xinghang State-owned Assets Investment Management Co., Ltd.At the same time, the company intends to terminate theZijin MiningNon-public offering of shares.
(Article source: Financial Associated Press)