DFP: The State-owned Assets Supervision and Administration Commission of Quzhou City intends to become the actual controller of the company, and the stock and bonds will resume trading
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DFP announced that its controlling shareholder, Hong Kong Dongfeng Investment, will transfer its 29.90% shares to Quzhou Zhishang and Quzhou Zhiwei, with a total transaction price of 1.952 billion yuan. After the transaction is completed, Quzhou Zhishang will become the controlling shareholder, and the Quzhou State-owned Assets Supervision and Administration Commission will become the actual controller. The company's stock and convertible bonds will resume trading on January 22, 2025
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