FilingReader Intelligence

Sino Wealth Electronic set for control change; trading resumes

June 12, 2025 at 12:13 AM UTC•By FilingReader AI

Sino Wealth Electronic (SZSE:300327) announced a planned shift in control to Shanghai Zhi Neng Industrial Electronics. As part of this shift, major shareholders Welland International and Win Channel Ltd. will transfer a combined 48,485,396 shares, representing 14.20% of Sino Wealth's total equity, to Zhi Neng Industrial. The transfer price is set at CNY 25.677 per share, totaling CNY 1,244,959,513.09.

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

Primary Source Document

Announcement on the progress of planning the change of control of the company and resumption of tradingJune 9, 2025 at 08:00 AM UTC

Supplementary Source Documents

Detailed Report on Changes in Equity (Transferee)June 9, 2025 at 08:00 AM UTC

Simplified Report on Changes in Equity (Transferor)June 9, 2025 at 08:00 AM UTC

Announcement on the proposed change of controlling shareholder's shareholding agreement and controlJune 9, 2025 at 08:00 AM UTC

Sino Wealth Electronic

SZSE:300327•Shenzhen Stock Exchange

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