Summary by Futu AI
Hongyi Futures issued a notice on 29 April 2024 announcing that its holding shareholder, Jiangsu Province Soho Holding Group Limited (Soho Holding Group), acquired 100% shareholding in Zhongshan Limited through an unpaid transfer. The transaction was approved by the Jiangsu Provincial National Capital Commission and complies with the provisions of the “Management Measures on the Acquisition of Listed Companies” exemption from the issuance of contracts. ZHONGSHAN CO., LTD. HOLDS 2.41% OF THE H SHARES IN HONGYI FUTURES. UPON COMPLETION OF THIS SHARE TRANSFER, SOHO HOLDING GROUP WILL DIRECTLY AND INDIRECTLY CONTROL 51.58% OF THE VOTING RIGHTS IN HONGYI FUTURES, UP FROM 49.17% PREVIOUSLY. This change in equity will not result in any change in the Company's controlling shareholders or actual controllers. Hongyi Futures said that the acquisition is still subject to subsequent disclosure obligations and related government approval procedures, and that there is some uncertainty.