百润股份：控股股东协议转让公司部分股份过户完成

Group 1 - The core point of the article is that BaiRun Co., Ltd. announced a share transfer agreement involving its controlling shareholder, Liu Xiaodong, who will transfer 63 million shares (6.01% of total shares) to Liu Jianguo for approximately RMB 1.47 billion, with a per-share price of about RMB 23.34 [1] - The share transfer was completed on October 15, 2025, and the company received the securities transfer registration confirmation from China Securities Depository and Clearing Corporation [1] - For the first half of 2025, BaiRun's revenue composition was as follows: pre-mixed cocktails accounted for 87.14%, flavor and fragrance manufacturing accounted for 11.34%, and other businesses accounted for 1.52% [1] Group 2 - As of the report, BaiRun's market capitalization is RMB 27.8 billion [2]