United Chemical's controlling shareholder, Sunshine Chemical, plans to transfer 10.976 million shares, representing 7% of the company's total share capital, to Guangzhou Jinxin Private Fund Management Co., Ltd. through an agreement-based transfer. The transfer is priced at 47.84 yuan per share, with a total consideration of 525 million yuan. The transferee is Guangzhou Jinxin Private Fund Management Co., Ltd., acting on behalf of the Jinxin Qihang No. 2 Private Securities Investment Fund. The announcement stated that this agreement-based transfer does not involve a tender offer, and its implementation will not result in a change of the company's controlling shareholder or actual controller.
Longkou Union Chemical Co. Ltd. AControlling shareholder Sunshine Chemical is transferring 7% of shares to a private fund at 47.84 yuan/share, a capital/ownership event that does not change control.
