On September 30, Gelunhui reported that Jiangsu Jingyuan Environmental Protection Co., Ltd. (688096.SH) announced that the company's controlling shareholder and actual controller, Mr. Li Wulin, and his concerted action person Ms. Li signed a 'Stock Transfer Agreement' with Mr. Zhang Jinsheng on September 27, 2024. Mr. Li Wulin, his concerted action person, and Ms. Li plan to transfer 8,400,000 shares directly held by Mr. Li Wulin, accounting for 5.51% of the total share capital of the company. After this equity change, the company's controlling shareholder and actual controller, Mr. Li Wulin, his concerted action person, and Ms. Li will hold a total of 31,482,500 shares of the company, accounting for 20.66% of the total share capital through direct and indirect holdings by Nantong Hotung Inv. Investment Center (Limited Partnership). Among them, Mr. Li Wulin will hold 18,196,000 shares of the company, accounting for 11.94% of the total share capital; Ms. Li will directly hold 12,488,500 shares of the company, and indirectly hold 798,000 shares through Hotung Inv., totaling 8.72% of the total share capital.
The transfer price of this share transfer is RMB 5.10 per share, not less than 90% of the closing price of the company's stock on the trading day before the signing of the share transfer agreement. The total transfer price amounts to RMB 42,840,000. The transfer price is all from the buyer's own funds or self-raised funds.
Prior to this equity change, the company's controlling shareholder and actual controller, Mr. Li Wulin, his concerted action person, and Ms. Li held a total of 39,882,500 shares of the company, accounting for 26.17% of the total share capital through direct and indirect holdings via Hotung Inv. Among them, Mr. Li Wulin directly held 22,596,000 shares of the company, accounting for 14.83% of the total share capital; Ms. Li directly held 16,488,500 shares of the company, and indirectly held 798,000 shares through Hotung Inv., totaling 11.34% of the total share capital. Mr. Zhang Jinsheng did not hold any shares of the company.
After this equity change, the company's controlling shareholder and actual controller, Mr. Li Wulin, his concerted action person, and Ms. Li will hold a total of 31,482,500 shares of the company, accounting for 20.66% of the total share capital through direct and indirect holdings via Hotung Inv. Among them, Mr. Li Wulin will directly hold 18,196,000 shares of the company, accounting for 11.94% of the total share capital; Ms. Li will directly hold 12,488,500 shares of the company, and indirectly hold 798,000 shares through Hotung Inv., totaling 8.72% of the total share capital. Mr. Zhang Jinsheng will hold 8,400,000 shares of the company, accounting for 5.51% of the total share capital.