Zhongshan Public Utilities: Zhongshan Investment Corporation plans to publicly solicit the transfer of 5% of the company's shares.

date
16/03/2026
Zhongshan Public Announcement: Zhongshan Investment Holdings intends to transfer 73.7556 million shares of the company through open solicitation, accounting for 5% of the current total share capital of the company. There is uncertainty in the identity of the potential buyers in this open solicitation transfer, as well as uncertainty in obtaining approval from the relevant state-owned asset supervision and administration authorities and completing the transfer. Intending buyers must be a single corporate entity with assets totaling no less than RMB 5 billion, have been profitable for the past two years, and pay the total share transfer price in cash. The open solicitation period for potential buyers is 10 trading days, from March 17, 2026 to March 30, 2026.