Gree Real Estate (600185.SH) announced that Zhuhai Baolian Investment Holdings Co., Ltd., a wholly-owned subsidiary of the company...
According to the Zhitong Finance App, Gree Real Estate (600185.SH) announced that Zhuhai Baolian Investment Holdings Co., Ltd. (“Zhuhai Baolian”), a wholly-owned subsidiary of the company, intends to transfer 5% of shares of its participating company Shanghai Kehua Bioengineering Co., Ltd. (“Kehua Biotech”) through a public solicitation agreement with transferees. The share transfer price is not less than RMB 20 per share (inclusive). The 5% shares of Kehua Biotech publicly solicited and transferred this time are not subject to unlimited tradable shares without pledges or other restrictions on transfers. At the same time, in order to guarantee the governance structure and operational stability of Kehua Biotech, the Zhuhai Insurance Federation plans to entrust the voting rights corresponding to the 10.64% shares of Kehua Biotech held free of charge to the transferee of this public offering.
According to reports, this public collection period is 10 trading days. If the intended transferee meets the conditions, it should submit a full set of application materials to the Zhuhai Insurance Federation within 10 trading days from the date of publication of the public solicitation announcement (that is, December 15, 2023 to December 28, 2023). Currently, the Zhuhai Insurance Federation holds shares of Kehua Biotech, accounting for 18.64% of Kehua Biotech's total shares. The nature of the shares is non-restricted corporate stock, making it the largest shareholder of Kehua Biotech.