Zhitong Financial App News, Honghui New Materials (002802.SZ) announced that the company received a notice from Xiang Hongwei, the controlling shareholder and actual controller of the company. Xiang Hongwei and Shi Ningdi signed a “Letter of Intent to Transfer Shares” (“Letter of Intent”). Xiang Hongwei plans to transfer 29.99% of the company's shares held by Xiang Hongwei (according to the date this letter of intent was signed, the corresponding number of shares was 54.6724 million shares. The “target shares”) agreement was transferred to Shi Ningdi. Following friendly negotiations between the two parties, the overall valuation of the target company was RMB 2,834 billion. Both parties agreed to use this as the pricing basis for this transaction. The aforementioned price did not change due to subsequent changes in the target company's market value.

Xiang Hongwei, the controlling shareholder and actual controller of the company, holds a total of 96,277,123 shares of the company, accounting for 52.81% of the company's total shares. If this share transfer is finally implemented, the controlling shareholder and actual controller of the listed company will be changed to Shi Ningdi.