FilingReader Intelligence

Sino Wealth Electronic gets new controlling shareholder

July 23, 2025 at 05:21 PM UTCBy FilingReader AI

Shanghai Zhineng Industrial Electronics has become the new controlling shareholder of Sino Wealth Electronic after acquiring 48,485,396 shares.

Combined with voting rights from an entrusted voting agreement, Shanghai Zhineng Industrial Electronics now controls 23.40% of total share capital. Former controlling shareholder Velon International Group no longer holds control.

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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