Summary by Moomoo AI
CHINA TIAN CHEMICAL GROUP LIMITED (THE “COMPANY”) ANNOUNCED ON 21 FEBRUARY 2024 THAT MR. TANG YUAN, THE COMPANY'S SINGLE LARGEST SHAREHOLDER, HAS SOLD APPROXIMATELY 16.04% OF HIS SHARES, TOTALING 131,850,000 SHARES, TO MR. CHANG HUNG AT A PRICE OF HK$0.15 PER SHARE. Upon completion of this transaction, Mr. Tang no longer holds any shares in the Company and Mr. Zhang Hung holds approximately 24.61% of the Company, becoming the new single largest shareholder. The Board stated that the change in shareholding would not have a material adverse effect on the day-to-day operations of the company. We remind shareholders and potential investors to exercise caution when buying and selling shares.