Transsion Holdings sets share transfer price at 81.81 yuan
Shenzhen Transsion Holdings Co., Ltd. has provisionally set the transfer price for its inquiry-based share transfer at 81.81 yuan per share, based on inquiry subscriptions received by September 12, 2025. This pricing follows a robust bidding process that saw participation from 26 institutional investors, including fund management companies, insurance companies, securities firms, private equity funds, and qualified foreign institutional investors.
The participating institutions collectively expressed interest in subscribing for 26,168,000 shares, representing an effective subscription multiple of approximately 1.15 times the transfer floor price. The entire block of shares offered for transfer has been fully subscribed.
Initially, 20 institutional investors have been identified as recipients, acquiring a total of 22,807,011 shares. The company noted that this transfer does not involve a change in control and will not impact its corporate governance or ongoing operations. However, the final results are contingent on the Shanghai branch of China Securities Depository and Clearing Corporation Limited, with potential risks such as judicial freezing or deductions of the transferred shares.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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