ShangGong Group(SH:600843) Zhong Guo Jing Ji Wang·2024-11-29 07:18Core Viewpoint - The company, Shangong Shunbei (600843.SH), resumed trading on November 29, 2024, with an opening price of 16.70 yuan, reflecting an increase of 8.94% from the previous trading session [1]. Summary by Sections - The stock closed at 15.57 yuan, with a gain of 1.57% on the same day [2]. - On November 27, 2024, the company announced a resumption of trading following a significant matter involving its largest shareholder, Shanghai Pukefei Ren Investment Co., Ltd. (Pukefei Ren), which may lead to changes in control but is not expected to affect the company's status as a listed entity without a controlling shareholder [3][4]. - The announcement indicated that the indirect controlling shareholder, Shanghai Hongtian Yuan Management Consulting Partnership (Limited Partnership), is planning a transfer of property shares, which could impact the control dynamics but will not change the company's lack of a controlling shareholder [4]. - The company confirmed that the transfer of property shares does not involve any direct or indirect changes in the shareholding proportions of Pukefei Ren or its upper shareholders [4]. - On November 28, 2024, a transfer agreement was signed between Hongtian Yuan Management and Guangzhou Xian Dao Lie Yu Technology Co., Ltd., with a total transaction value of 249.732 million yuan, which includes various components such as management fees and risk-sharing mechanisms [5]. - As of the announcement date, Pukefei Ren held 60 million A-shares, accounting for 8.41% of the total share capital, while Shanghai Pukefei directly held 789,500 A-shares, representing 0.11% [6]. - Following the transfer, Hongtian Yuan Management and its partners will no longer hold shares in the company, with Xian Dao Technology and Xian Dao Lie Yu acquiring 100% of the partnership shares [6].