HANGZHOU TOKA(SH:688571) Shang Hai Zheng Quan Bao·2025-08-04 19:56Core Viewpoint - The report details the results of a share transfer by T&K TOKA, a significant shareholder of Hanghua Ink Co., Ltd., indicating a reduction in their shareholding percentage following an inquiry transfer process [1][3][4]. Group 1: Transfer Details - The share transfer price was set at 7.09 yuan per share, with a total of 12,603,855 shares being transferred [1][7]. - Following the transfer, T&K TOKA's shareholding percentage decreased from 29.61% to 26.61% [3][4]. - The transfer does not result in a change of control for the company, as T&K TOKA remains a non-controlling shareholder [7]. Group 2: Shareholder Information - T&K TOKA is identified as a shareholder holding more than 5% of the company's shares, but is not the controlling shareholder or part of the management [2][3]. - There are no associated action parties with T&K TOKA in this transfer [2]. Group 3: Inquiry Process - The inquiry transfer process involved 100 institutional investors, including 18 fund companies and 16 securities firms, with 14 valid bids received during the specified time [6][7]. - The final share transfer price was determined based on the average trading price of the company's shares over the previous 20 trading days [6][7]. Group 4: Regulatory Compliance - The transfer process was reviewed by China International Capital Corporation, confirming adherence to relevant laws and regulations governing the securities market [7].