Gelonghui, March 5, 丨 Huamao Co., Ltd. (000850.SZ) announced that in order to optimize the company's overall investment structure, the company signed the “Equity Transfer Agreement” on December 28, 2023. The agreement was established on the day that each legal representative or authorized representative signed and stamped with an official seal, and took effect on the day the company's board of directors reviewed and approved the transaction. The company plans to transfer 35% of its shares in Chongqing Gravel to Fujian Yaside Trading Co., Ltd. (counterparty) through an agreed transfer. The total consideration for the above share transfer transactions is 704,889,156.10 yuan. The counterparty intends to pay the consideration for this transaction in cash. After the equity transfer was completed, the company held 9.59% of Chongqing Gravel's shares.
华茂股份(000850.SZ)：拟处置参股公司重庆砾石部分股权
Huamao Co., Ltd. (000850.SZ): Proposed disposal of some of the shares of the participating company Chongqing Gravel
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