Hangxin Technology (300424.SZ) is planning to change its controlling shareholder to Hu Chen. The resumption of trading will begin on November 4th.

Zhixin Finance APP news, Hangxin Technology (300424.SZ) announced that the controlling shareholder of the company, Guangzhou Hengmao, has signed a "Share Transfer Agreement" with Quzhou Chuangke Future Enterprise Management Partnership Enterprise (Limited Partnership) (referred to as "Quzhou Chuangke") and Hangzhou Changsheng Technology Partnership Enterprise (Limited Partnership) (referred to as "Hangzhou Changsheng"), and will transfer its 36.705964 million shares of Hangxin Technology (accounting for 14.9557% of the total share capital of the listed company) to Quzhou Chuangke and Hangzhou Changsheng respectively, at a transfer price of 14.57 yuan per share, with a total transfer consideration of 535 million yuan. Among them, Quzhou Chuangke has agreed to acquire 24.4349 million shares of Hangxin Technology (accounting for 9.9557% of the total share capital of the listed company) under the agreement, and Hangzhou Changsheng has agreed to acquire 12.271574 million shares of Hangxin Technology (accounting for 5% of the total share capital of the listed company) under the agreement. At the same time, Quzhou Chuangke and Hangzhou Changsheng, as acting in concert, have signed a "Concerted Action and Voting Rights Entrustment Agreement", in which Hangzhou Changsheng will entrust the voting rights corresponding to its 12.271574 million shares of Hangxin Technology (accounting for 5% of the total share capital of the listed company) to Quzhou Chuangke for exercise. After the equity change is completed, Quzhou Chuangke and its concerted action parties will obtain control of the listed company, with Quzhou Chuangke becoming the new controlling shareholder of the listed company and Hu Chen becoming the actual controller of the listed company.