Huilong New Materials: Hangzhou Xingzhen Enterprise Management Partnership (Limited Partnership) has increased its shareholding to 6.00%

2026-03-05 02:15:30

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Meijing AI Express, March 4th, HuiLong New Materials announced that Hangzhou Xingzhen Enterprise Management Partnership (Limited Partnership) transferred 7,018,200 shares held by Shen Shunhua through an agreement, accounting for 6.00% of the company’s total share capital. Before this equity change, Hangzhou Xingzhen did not hold any shares of the company; after the change, its shareholding ratio increased from 0.00% to 6.00%, becoming a shareholder holding more than 5% of the company. There are no pledge, freeze, or other rights restrictions on this transfer of shares. Hangzhou Xingzhen has no joint action relationship with the company’s original controlling shareholder and actual controller Shen Shunhua, nor is it the company’s first major shareholder or actual controller. This equity change will not result in a change of the company’s controlling shareholder or actual controller. Hangzhou Xingzhen commits that within 12 months from the completion of the transfer registration of the subject shares, it will not reduce its holdings of the transferred shares.

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