Suzhou Hesheng Special Material Co., Ltd. Class ASZSE: 002290

Suzhou Hesheng Special Material's Controlling Shareholder And Actual Controller Set To Change

· Issued by Suzhou Hesheng Special Material Co., Ltd. Class A

Suzhou Hesheng Special Material Co Ltd SZSE:002290:

  • SAYS CONTROLLING SHAREHOLDER AND PERSONS ACTING IN CONCERT PLAN TO SELL COMBINED 18% STAKES IN CO FOR 1.5 BILLION YUAN ($211.01 million)

  • SAYS CO'S CONTROLLING SHAREHOLDER AND ACTUAL CONTROLLER SET TO CHANGE AFTER TRANSACTION

($1 = 7.1085 Chinese yuan renminbi)