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Huafang Co., Ltd. (600448): Signing The Agreement On Free Transfer Of State Owned Shares
Huafang Co., Ltd. (600448) announced that the company issued the indicative announcement on changes in shareholders' equity on July 9, 2021, According to this announcement, about 117 million shares (18.63% of the total share capital) of Huafang held by Binzhou Financial Investment Group Co., Ltd. (Binzhou Caijin) were transferred to Binzhou Antai Holding Group Co., Ltd. (a wholly-owned subsidiary of Binzhou finance and capital, hereinafter referred to as "Antai Holdings") for free. If the stock company transfers the shares before the transfer is completed, Then the transfer quantity is calculated according to the quantity after transfer. As for the transfer, the two sides have signed the agreement on free transfer of state-owned shares.
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