Zhejiang Renzhi (002629.SZ): Proposed change of control matters terminated
RenZhi Co., Ltd. (002629.SZ) announced that it has recently received a notice from its controlling shareholder, actual controller, and director, Ms. Chen Zehong. It has come to the company's attention that Ms. Chen Zehong, along with her concerted party, Pingda New Materials Co., Ltd., has signed a termination agreement regarding the "Equity Transfer Agreement of 19.51% Shares of Zhejiang RenZhi Co., Ltd. between Pingda New Materials Co., Ltd., Chen Zehong, and Shanghai Chengshi Enterprise Management Partnership (Limited Partnership)." Both parties of the transfer agree to terminate the share transfer agreement, which also synchronously cancels the planned change of control of the company.
Zhejiang Renzhi (002629.SZ) announced that it has recently received a notification from Ms. Chen Zehong, the controlling shareholder, actual controller, and director of the company. It has come to the company's attention that Ms. Chen Zehong and her concerted party, Pingda New Materials Co., Ltd., have signed a termination agreement regarding the "Transfer Agreement on 19.51% Shares of Zhejiang Renzhi Co., Ltd. Between Pingda New Materials Co., Ltd., Chen Zehong, and Shanghai Chengshi Enterprise Management Partnership (Limited Partnership)." Both parties have agreed to terminate the share transfer agreement, and the proposed change of control of the company is also terminated simultaneously.
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