B · Normal
[Renzhi Shares: Termination of planned change of control] On September 9th, Renzhi Shares (002629.SZ) announced that the company’s controlling shareholder and actual controller Chen Zehong and its concerted parties Pingda New Materials signed a termination agreement with Shanghai Chengshi, unanimously agreeing to terminate the original share transfer agreement and voting rights waiver agreement, and the planned change of control was terminated. Shanghai Chengshi has paid a deposit of 30 million yuan and a joint management account fund of 270 million yuan, of which 115 million yuan has been released and paid to Chen Zehong, and the remaining 155 million yuan has not been released. Chen Zehong should return the paid funds in full before September 25, 2026. This termination will not lead to changes in the company’s controlling shareholder and actual controller. Chen Zehong will still be the company’s controlling shareholder and actual controller.
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