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Contemporary Amperex Technology: The controlling shareholder plans to donate 5 million shares of the company to the Shanghai Jiao Tong University Education Development Foundation free of charge.
People’s Finance News March 31, Ningde Times (300750) announced on March 31 that its controlling shareholder Xiamen Ruiting Investment Co., Ltd. (abbreviated as “Xiamen Ruiting”), which holds 22.45% of the shares, has signed a “Donation Agreement for the ‘Zeng Yuqun Education Fund’ of Shanghai Jiao Tong University” with the Shanghai Jiao Tong University Education Development Foundation. Xiamen Ruiting plans to make a no-strings-attached donation of 5 million A-shares of unrestricted tradable shares of Ningde Times that it holds to the foundation. All proceeds and related funds generated from the above donated shares will be fully injected into the “Zeng Yuqun Education Development Fund,” to support the development of educational undertakings at Shanghai Jiao Tong University.