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Longyuan Construction: The controlling shareholder's plan to change control has been terminated
Longyuan Construction Announcement, the company received a letter today from the family of Lai Zhenyuan Holdings.
In view of the fact that the listed company has agreed to terminate the non-public issuance of A-shares, the original plan to change the company’s control through “controlling shareholder share transfer + private placement” can no longer be implemented.
Therefore, the company informs the listed company of the corresponding termination of the plan to change the control of the listed company through “controlling shareholder share transfer + private placement.”
Hangzhou Jiaotou Group still holds the previously transferred equity of the company, participating in governance as an important strategic shareholder and supporting the company’s business expansion.