Core Viewpoint - The announcement details the issuance of a warning letter by the Hubei Securities Regulatory Bureau to Hainan Bocheng Huineng Technology Center (Limited Partnership) and Lin Mushun for violations related to the acquisition of shares in Hubei Huarong Holdings Co., Ltd. [1][2] Group 1 - Hainan Bocheng signed a share transfer agreement on August 11, 2025, to acquire 25.01% of Hubei Huarong's shares from Zhejiang Hengshun Investment Co., Ltd. and Shanghai Tianji Investment Co., Ltd. [1] - The controlling shareholder of Hubei Huarong will change to Hainan Bocheng, with Lin Mushun becoming the actual controller [1][2] - Hainan Bocheng failed to announce a detailed equity change report and did not hire a financial advisor, violating the regulations of the "Measures for the Administration of the Acquisition of Listed Companies" [1][2] Group 2 - The warning letter serves as an administrative regulatory measure and will be recorded in the securities and futures market integrity file [2] - Hainan Bocheng and Lin Mushun are advised to learn from this incident and prevent similar actions in the future [2] - If they disagree with the supervisory measures, they can apply for administrative reconsideration or file a lawsuit within specified timeframes [2] Group 3 - The acquisition involves a cash payment of 450.41 million yuan [6] - The completion of the acquisition remains uncertain as the detailed equity change report and financial advisor's verification are still pending [6][7] - The company has received a regulatory letter from the Shanghai Stock Exchange regarding the transfer and control change, which requires a response [7][8]
湖北华嵘控股股份有限公司 收到湖北证监局关于对海南伯程汇能科技中心(有限合伙)、林木顺采取出具警示函措施决定的公告