TAIHE WATER's controlling shareholder and actual controller are planning significant matters, and trading will continue to be suspended from the market opening on April 2
TAIHE WATER announced that its controlling shareholder He Wenhui is planning a significant matter that may lead to a change in the company's control. The relevant share transfer agreement still needs to be negotiated, and it is expected that trading will not resume on April 2, 2025. The stock will continue to be suspended, with the suspension period not exceeding 3 trading days
According to the Zhitong Finance APP, TAIHE WATER (605081.SH) announced that the company recently received a notification from its controlling shareholder and actual controller, He Wenhui, informing that He Wenhui is planning to transfer part or all of the shares he holds in the company through an agreement, which involves significant matters related to the company. This matter may lead to a change in the company's control.
As of the date of this announcement, the aforementioned matter is still in the planning stage, and relevant details still need to be fully negotiated and determined. The parties involved in the relevant agreement transfer transaction still need to further negotiate, confirm, and sign a formal share transfer agreement. The company expects that it will not be able to resume trading on April 2, 2025 (Wednesday) at the market opening. According to the "Shanghai Stock Exchange Stock Listing Rules" and "Shanghai Stock Exchange Listed Company Self-Regulatory Guidelines No. 4 - Suspension and Resumption of Trading," upon the company's application, the company's stock (stock code: 605081, stock abbreviation: TAIHE WATER) will continue to be suspended from trading starting from April 2, 2025 (Wednesday), with the suspension period expected to not exceed 3 trading days
