BIO-CHEM(SH:603360) Shang Hai Zheng Quan Bao·2025-11-27 03:56Core Viewpoint - Baiao Chemical (603360) announced the transfer of 10% of its total share capital from its controlling shareholder, Dalian Tongyun Investment Co., Ltd., and a major shareholder, Dalian Guangyao Zhixin Shuhong Enterprise Management Consulting Partnership (Limited Partnership), to Liu Hongjun at a price of 28.116 yuan per share, totaling 1.986 billion yuan [1][6]. Group 1: Share Transfer Details - Liu Hongjun, who previously held no shares, will now own 10% of Baiao Chemical after the transfer [1][6]. - The transfer price was set at 28.116 yuan per share, resulting in a total transaction value of 1.986 billion yuan [1][6]. Group 2: Liu Hongjun's Role and Impact - Liu Hongjun is currently a director and co-general manager of Baiao Chemical and is a key figure in the company's semiconductor business [4][8]. - He has a performance commitment for the semiconductor segment, achieving a completion rate of 103.29% for the 2024 performance target [4][10]. Group 3: Market Reaction - Following the announcement, Baiao Chemical's stock surged, reaching a peak increase of 9.12% and closing at 34.09 yuan per share [4][5]. Group 4: Strategic Implications - The share transfer aims to enhance the integration of the semiconductor business team within the company, providing long-term momentum for its development [8]. - Baiao Chemical is transitioning from its original focus on industrial disinfectants to a dual business model that includes semiconductor operations, with a strategic acquisition of Suzhou Xinhuilian Semiconductor Technology Co., Ltd. [8][10].