ARGUS's actual controller plans to transfer 5.12% of the company's shares to Zhang Jian at a price of 96.922 million yuan
I'm LongbridgeAI, I can summarize articles.ARGUS announced that the actual controllers Gu Zhedong and Zheng Yihua will collectively transfer 9.8 million shares to Zhang Jian, accounting for 5.12% of the total share capital, at a transfer price of 9.89 yuan per share, totaling 96.922 million yuan. This transfer does not involve a tender offer, the actual controllers will not change, and there will be no adverse impact on the company's governance structure and ongoing operations. Zhang Jian has committed not to reduce his shareholding within 12 months after the transfer
According to the announcement from ARGUS (603790.SH), on January 3, 2025, the actual controllers Mr. Gu Zhedong and Ms. Zheng Yihua signed a "Share Transfer Agreement" with Mr. Zhang Jian, intending for Mr. Gu Zhedong to transfer 8 million shares of ARGUS stock to Mr. Zhang Jian, accounting for 4.18% of the company's total share capital; Ms. Zheng Yihua will transfer 1.8 million shares of ARGUS stock to Mr. Zhang Jian, accounting for 0.94% of the company's total share capital. In total, the two will transfer 9.8 million shares of ARGUS stock to Mr. Zhang Jian, accounting for 5.12% of the company's total share capital, at a transfer price of RMB 9.89 per share, with a total transfer price of RMB 96.922 million. All shares being transferred are unrestricted tradable shares.
After this change in equity, the actual controllers Mr. Xie Bing, Mr. Gu Zhedong, and Ms. Zheng Yihua will hold a total of 107 million shares of ARGUS, accounting for 55.93% of the company's total share capital. This change in equity does not involve a tender offer, will not lead to a change in the company's actual controllers, will not adversely affect the company's governance structure or ongoing operations, and does not harm the interests of the company and other shareholders. Mr. Zhang Jian, the transferee of this agreement, has committed not to reduce his holdings of the ARGUS shares acquired through this agreement within twelve months after the transfer
