TAIHE WATER: He Wenhui signed a share transfer agreement with Beijing Xinxin, resuming trading on April 8

Zhitong
2025.04.07 15:01
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TAIHE WATER announced that its controlling shareholder He Wenhui signed a share transfer agreement with Beijing Xinxin, transferring 13,589,649 shares, accounting for 12.00% of the total share capital. He Wenhui promised not to seek control of the company. The company's stock will resume trading on April 8, 2025

According to the announcement from Zhitong Finance APP, TAIHE WATER (605081.SH) stated that on April 7, 2025, it received a notice from Mr. He Wenhui (the company's controlling shareholder and actual controller) and Beijing Xinxin. Mr. He Wenhui and Beijing Xinxin signed the "Share Transfer Agreement" and the "Voting Rights Entrustment and Waiver Agreement" on April 7, 2025. On the same day, Mr. He Wenhui issued a "Letter of Commitment" to Beijing Xinxin regarding not seeking control of the company. According to the terms and conditions stipulated in these agreements, Mr. He Wenhui will transfer a total of 13,589,649 unrestricted circulating shares (accounting for 12.00% of the company's total share capital) to Beijing Xinxin. From the date of completion of the transfer registration of the corresponding shares, Mr. He Wenhui will entrust the voting rights, nomination rights, and proposal rights of the remaining shares he holds in the listed company to Beijing Xinxin and permanently waive part of the voting rights, nomination rights, and proposal rights of the remaining shares he holds in the listed company. The company's stock will resume trading on April 8, 2025 (Tuesday) at the opening of the market