BIO-CHEM(SH:603360) Zheng Quan Ri Bao·2025-11-26 22:51Core Viewpoint - The report details a share transfer agreement involving Liu Hongjun acquiring a total of 70,622,364 shares of Dalian Bai'ao Chemical Co., Ltd., representing 10.00% of the company's total share capital, through a private agreement with two entities, Tongyun Investment and Guangyao Zhixin [4][21]. Group 1: Share Transfer Details - Liu Hongjun will acquire 35,311,182 shares from each of the two transferring parties, totaling 70,622,364 shares, which constitutes 10.00% of the company's total share capital [4][21]. - The shares being transferred are unrestricted circulating shares, and the transfer is compliant with the Shanghai Stock Exchange's regulations [8][19]. - The transfer price is set at 90% of the closing price of Bai'ao Chemical's stock on the date of the agreement [9][20]. Group 2: Payment and Settlement Terms - The total payment for the shares is approximately 1.985 billion yuan, with the payment structured in two installments: an initial payment of 1 billion yuan and the remaining balance within 10 days after the share transfer is completed [10][9]. - The share transfer agreement stipulates that Liu Hongjun must sign a share pledge agreement to secure the remaining payment, with penalties for late payment [11][18]. Group 3: Regulatory Compliance and Disclosure - The share transfer is subject to compliance review by the Shanghai Stock Exchange and must be registered with the China Securities Depository and Clearing Corporation [4][19]. - Liu Hongjun, as the information disclosing party, has confirmed that there are no other shareholding changes or plans to increase his stake in the company within the next 12 months [5][21]. - The report emphasizes that the transaction does not involve any undisclosed conditions or restrictions on the shares being transferred [19][23].