
The actual controller of TQM intends to transfer 162 million shares to Jianfa Fanyu through an agreement

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TQM's controlling shareholder has decided to terminate the share transfer agreement with Anhui Chaocheng and has signed a new agreement with Jianfa Fanyu to transfer 162 million shares, accounting for 15.9367% of the total share capital. Ren Wei has pledged to waive the voting rights of 10.2381 million shares
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