Nanning Department Store (600712.SH): The controlling shareholder will be changed to the actual controller of Nanning Industrial Investment

Zhitongcaijing · 10/17 13:49

Zhitong Finance App News, Nanning Department Store (600712.SH) issued an announcement. On October 16, 2024, the company learned that Nanning Weining Investment Group Co., Ltd. (“Weining Group”) and Nanning Industrial Investment Group Co., Ltd. (“Nanning Industrial Investment”) signed a “Free Transfer Agreement for State-owned Shares of Nanning Department Store Co., Ltd.” Weining Group transferred all of its 110 million shares of Nanning Department Store (accounting for 20.11% of Nanning Department Store's total share capital) to Nanning Industrial Investment through free transfer.

After the free transfer of shares was completed, the controlling shareholder of the company changed to Nanning Industrial Investment; the actual controller of the company did not change and is still the Nanning Municipal State-owned Assets Administration Commission.