Tiantie Co., Ltd. (300587.SZ): Wang Meiyu will no longer be the actual controller of the company

According to the Zhitong Finance App, Tiantie Co., Ltd. (300587.SZ) issued an announcement. The company recently received the “Simplified Equity Change Report” issued by the controlling shareholder, actual controller, and their co-actors, and Angze Chase No. 2 Private Equity Investment Fund and Shanghaitong Private Equity Investment Fund. On October 16, 2024, Wang Meiyu signed a “Share Transfer Agreement” with Shanghai Angze Private Equity Fund Management Co., Ltd. (representing “Angze Chase No. 2 Private Equity Investment Fund”) (“Oz Fund”) to transfer the 59.3556 million shares of Tiantie shares (accounting for 5.0890% of the company's total share capital) in unlimited circulation and all rights derived from it to Oz Fund;

Wang Meiyu, Xu Kongbin, and Xu Yinbin and Ningbo Hutong Private Equity Fund Management Partnership (Limited Partnership) (representing “Shanghai-Tong Private Equity Investment Fund No. 1”) (“Shanghai-Tong Fund”) signed a “Share Transfer Agreement” to transfer their holdings of 387.16,900 shares, 13.90.86 million shares, and 6.144,600 shares of Tiantie shares (3.3195%, 1.1925%, 0.5268% of the company's total share capital, respectively) to the Shanghai Express Fund. The transfer price was 4.47 Yuan/share.

After the transfer of the agreement was completed, Wang Meiyu, Xu Kongbin, and Xu Yinbin held 0 shares, 41.75,800 shares, and 18.433,800 shares of the company's total share capital, accounting for 0%, 3.5775% and 1.5805% of the company's total share capital; Onze Fund and Shanghaitong Fund will hold 59.355,600 shares and 587.701 million shares of the company's total share capital, respectively, accounting for 5.0890% and 5.0388% of the company's total share capital. This transfer is due to the actual controller family's internal financial arrangements.

After this change in equity, Wang Meiyu no longer holds shares in the listed company. The controlling shareholders and actual controllers of the company will be changed from Wang Meiyu, Xu Jiding, and Xu Kongbin to Xu Jiding and Xu Kongbin. The controlling shareholders, actual controllers, and their co-actors together hold 13.2798% of the company's total share capital.