Industrial Bank Co., Ltd.: Wholly-owned subsidiary terminates share transfer agreement.
announcement by Industrial Bank regarding the termination of the "Share Transfer Agreement" between its wholly-owned subsidiary Shannan Antimony Gold and Lingyi New Materials and Wen Ping. The agreement aimed for Shannan Antimony Gold to acquire 23.38 million shares of Weiling, accounting for 7.7646% of the total share capital. The reason for termination is that Weiling's financial statements for the year 2025 received a qualified audit report, leading to the Shenzhen Stock Exchange implementing a delisting risk warning and other risk warnings, thus the conditions for share delivery were not met.
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