ST Zhongtai announced that the company plans to acquire 1,577,342,520 shares of Shengxiong Energy held by 23 shareholders at a price of 0.6031 yuan/share, with a shareholding ratio of 37.18%. The total purchase amount is 951,295,273.81 yuan. After the transaction is completed, ST Zhongtai will hold 55.73% of Shengxiong Energy's shares and control it. The purpose of this move is to strengthen the company's integration in the chlor-alkali industry and enhance operating efficiency and core competitiveness. The acquisition has been reviewed and approved by the board of directors, does not constitute a major asset restructuring, and has been approved by the relevant government departments.
ST中泰：拟以9.51亿收购圣雄能源37.18%股份
ST Zhongtai: Plans to acquire 37.18% of Shengxiong Energy's shares for $951 million
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