Summary by Moomoo AI
Jiangsu Suhao Holding Group Co., Ltd. (hereinafter referred to as “Suhao Holding Group”) announced on 5 May 2024 that, pursuant to the approval of the Jiangsu Provincial Government's National Capital Commission, 100% of the shareholding of Zhongshan Limited, effectively held by the People's Government of Jiangsu Province, will be transferred without compensation to the provincial Suhao Holding Group. Since Zhongshan Limited holds 2.41% of the shares in Hongjia Futures, the voting ratio of Hongyi Futures controlled by Suhao Holding Group will increase from 49.17% to 51.58% from the original 49.17% after the completion of this insolvency restructuring. The Purchaser and its Consistent Entity Statements are not summarised in this Statement of False Documentation, Misleading Statements or Material Omissions and are individually and jointly liable for their veracity, accuracy and completeness. This acquisition has been approved by the relevant regulatory authorities and complies with the relevant provisions of Article 63 of the Administrative Measures on Acquisitions of Listed Companies regarding the exemption of contracts.