Yitoa Intelligent Control: Shareholder to transfer shares to HIIC
Shenzhen Yitoa Intelligent Control (SZSE:300131) announced that its controlling shareholder and actual controller, Hu Qingzhou, has entered into a "Pledged Stock Disposal and Transfer Agreement" with Shenzhen HIIC Group. According to the agreement, Hu Qingzhou will transfer 27,488,426 shares, representing 2.42% of Yitoa's total share capital, to HIIC through a non-trading transfer, priced at 90% of the closing price one trading day prior to the agreement date, or CNY 7.68 * 90 per share. The proceeds from this transfer will be used to repay Hu Qingzhou's stock pledge financing. Following the transfer, Hu Qingzhou will hold 95,940,866 shares, or 8.45% of Yitoa's total share capital, remaining the largest shareholder. The company states that this transfer will not result in a change of control and will not impact the company's operations. Shenzhen HIIC Group is restricted from selling the acquired shares for six months.
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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