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Baotou Huazi Industry shares resume trading amid control change

April 16, 2025 at 05:01 AM UTCBy FilingReader AI

Baotou Huazi Industry (SSE:600191) announced that its shares will resume trading on April 16, 2025, after a temporary suspension. The controlling shareholder, Hainan Shengtai Chuangfa Industrial, finalized an agreement on April 15, 2025 with a group of investors, led by Binzhou Zhongyu Technology Investment Development, to inject capital into Shengtai Chuangfa. According to the agreement, Zhongyu Technology will inject CNY 130,000,000, making it the majority shareholder of Shengtai Chuangfa with a 55% stake. This will make Song Minasong the new ultimate controller. Although the capital injection does not directly involve changes in Baotou Huazi Industry's shareholding structure, the change in control of the parent company has triggered certain disclosure requirements.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:600191Shanghai Stock Exchange
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