Valiant(SZ:002643) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-05-20 00:12Core Points - The company announced the completion of a share transfer agreement between its controlling shareholder, China Energy Conservation and Environmental Protection Group, and Sinopec Capital, involving the transfer of 46,505,308 shares, representing 5% of the company's total equity, for a total price of RMB 615,265,224.84, at a price of RMB 13.23 per share [1][2] - The State-owned Assets Supervision and Administration Commission approved the transfer, confirming compliance with relevant laws and regulations [2][3] - Following the transfer, Sinopec Capital becomes the third-largest shareholder of the company, with no change in the controlling shareholder or actual controller, ensuring no adverse effects on the company's governance structure or future operations [3][4] Share Transfer Details - The share transfer was completed on May 16, 2025, with the payment of the transfer price as previously disclosed [2] - The company's total share capital decreased from 930,106,155 shares to 929,969,005 shares due to the cancellation of 137,150 restricted stock units [3] - The transfer adheres to various legal frameworks and does not violate any existing commitments by the transferor [3][4]