Xinjiang Talimu Agriculture update on controlling shareholder transfer progress
Xinjiang Talimu Agriculture Development Co., Ltd. announced that the gratuitous transfer of 40.32% of its equity (153,815,575 unrestricted tradable shares) from Guotou Group to the Agricultural Reclamation Group is in progress. This transfer, approved by the First Division State-owned Assets Supervision and Administration Commission on August 28, 2025, with a benchmark date of December 31, 2024, will see the Agricultural Reclamation Group become a significant shareholder.
An "Equity Transfer Agreement" was signed between the Agricultural Reclamation Group and Guotou Group on September 4, 2025. This follows earlier disclosures on August 30, 2025, and subsequent reports and legal opinions issued on September 9 and September 17, 2025.
As of the latest announcement on November 15, 2025, the registration procedures for this gratuitous transfer are still being processed. The company will continue to monitor the progress and fulfill its information disclosure obligations, reminding investors to be aware of potential risks.
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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