FREEWON(SH:688678) Zhong Guo Jing Ji Wang·2025-05-26 08:35Core Viewpoint - Fuliwang (688678.SH) plans to transfer 12,970,000 shares, representing 5.00% of its total share capital, to WINWIN OVERSEAS GROUP LIMITED for financial support to the company [1][2]. Group 1: Share Transfer Details - The transfer is initiated by WINWIN, which holds 45.02% of Fuliwang's shares, and the transfer is not conducted through secondary market trading [2][3]. - WINWIN will provide all proceeds from the share transfer, after tax deductions, as financial support to Fuliwang for a minimum of one year [1][2]. - The transfer price will be determined based on the average trading price of the stock over the 20 trading days prior to the invitation date, with a minimum price set at 70% of that average [3]. Group 2: Financial Background - Fuliwang was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on December 23, 2020, raising a total of 783.47 million yuan (approximately 78.25 million) [3][4]. - The company has raised a total of 1.482 billion yuan (approximately 148.2 million) since its listing [5]. - The proceeds from the initial public offering were intended for projects including a precision metal component manufacturing center and a research and development center [3].