Changes in Hong Kong stocks | Huiju Technology (02481) fell more than 7% and surged by more than 40% yesterday to carry out a restructuring at the controlling shareholder level

The Zhitong Finance App learned that Huiju Technology (02481) fell more than 7%, and the stock soared more than 42% yesterday. As of press release, it decreased by 7.74% to HK$2.74, with a turnover of HK$27.424,500.

According to the news, Huiju Technology announced that it has been notified by the controlling shareholders Jiangsu Shuangliang Technology and Jiangsu Li Innovation Energy. In order to carry out internal restructuring to simplify shareholding interests, yesterday, Shuangliang Technology and Jiangsu Lichuang completed the transfer of their direct holdings of 150 million shares and 51 million shares, accounting for about 49.75% and 16.91% of the shares, respectively, to Hongda Group, a wholly-owned subsidiary of Shuangliang Technology. The consideration paid by Hongda for the transfer of shares was determined based on the current market price of the shares at the time of the actual transfer date.

The announcement stated that after the share transfer is completed, Hongda will become the direct controlling shareholder. Shuangliang Technology and Jiangsu Lichuang have applied, and the Securities Regulatory Commission has granted grants to Shuangliang Technology and Jiangsu Lichuang exempt Hongda from making a full offer of all shares in the group due to the share transfer.