Hoshine Silicon(SH:603260) Zheng Quan Zhi Xing·2025-07-17 11:11Core Viewpoint - The report outlines a significant equity change involving the transfer of 60 million shares of Hesheng Silicon Industry Co., Ltd. to Xiao Xiugan, representing 5.08% of the company's total share capital, at a price of RMB 43.90 per share, totaling RMB 2.634 billion [1][5][6]. Group 1: Equity Change Details - The equity change is based on a share transfer agreement signed on July 16, 2025, between Ningbo Hesheng Group Co., Ltd. and Xiao Xiugan [3][5]. - Prior to this transaction, Xiao Xiugan held no shares in Hesheng Silicon, and post-transaction, she will hold 60 million shares [5][10]. - The transfer price of RMB 43.90 per share was determined based on the closing price of the shares on the trading day before the agreement [6][10]. Group 2: Purpose and Future Plans - The purpose of this equity change is to reflect the information disclosure obligor's recognition of the company's intrinsic value and confidence in its future growth prospects [4][10]. - There are currently no plans for further share purchases by Xiao Xiugan within the next 12 months, aside from the already signed agreement [4][10]. Group 3: Compliance and Legal Aspects - The report confirms that the transaction complies with relevant laws and regulations, including the Securities Law and the Management Measures for the Acquisition of Listed Companies [2][4]. - The shares involved in this transaction are unrestricted circulating shares, with no existing pledges or freezes [10][11]. - The funding for the share purchase will come entirely from the obligor's own or self-raised funds [10].