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Individual Stock Movement | Baihua Pharmaceutical Resumes Trading and Hits the Daily Limit, Planning to Change Ownership to Jinhua State-Owned Assets
Securities Times China Securities Network reported (Reporter Wang Yuqing) On April 8, after Baihua Pharmaceutical resumed trading, it was locked at a one-word daily limit-up, closing the 10% limit-up, at 11.20 yuan per share, with a total market capitalization of 4.307 billion yuan.
On the evening of April 7, Baihua Pharmaceutical disclosed that its controlling shareholder and actual controller, Mi Zaiqi, Mi Enhua, Yang Xiaoling, and Jinhua Ju xin Enterprise Management Partnership (Limited Partnership) (hereinafter referred to as “Jinhua Juxin”) signed a “Share Transfer Agreement,” under which they plan to transfer, by agreement, a combined 20.68% of the company’s shares they hold to Jinhua Juxin at a price of 890 million yuan. After this transaction is completed, the company’s controlling shareholder will change to Jinhua Juxin, and the actual controller will change to Jinhua Municipal State-owned Assets Supervision and Administration Commission.