
Wondux plans to change to no actual controller and resume trading from March 24

Wondux announced that its controlling shareholder, Nanjing Wondux Investment Co., Ltd., will transfer its 100% equity to Ruiyuan International Resource Investment Co., Ltd., with a transaction price of 412,938,000 yuan. After this transaction, the actual controller of Wondux will change to having no actual controller. The company's stock will resume trading on March 24, 2025
According to the Zhitong Finance APP, Wondux (688178.SH) announced that its controlling shareholder, Nanjing Wondux Investment Co., Ltd. (referred to as "Wondux Investment"), holds 24,584,139 shares of the company, accounting for 28.88% of the total share capital. The actual controllers Liu Jun and shareholder Gong Jianrui (hereinafter referred to as "Transferor 1" and "Transferor 2," collectively referred to as "Transferors") hold 70% and 30% equity in Wondux Investment, respectively. On March 21, 2025, the Transferors signed a "Share Transfer Agreement" with Ruiyuan International Resources Investment Co., Ltd. (referred to as "Transferee" or "Ruiyuan International"), in which the Transferors will transfer a total of 100% equity in Wondux Investment to the Transferee, corresponding to a registered capital of 30 million yuan for Wondux Investment, with a total transfer price of 412,938,000 yuan. If this transaction is successfully completed, the company's controlling shareholder will remain unchanged as Wondux Investment; however, the actual controller of the company will change from Liu Jun to no actual controller.
After the company applied to the Shanghai Stock Exchange, its stock will resume trading on March 24, 2025 (Monday) at the market opening

