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On April 30, 2011, Youngor Group Co., Ltd. (hereinafter referred to as "the company") was the largest shareholder of Ningbo Youngor Holdings Co., Ltd. (hereinafter referred to as "Youngor") and the company's second largest shareholder Ningbo Fusheng Investment Co., Ltd. (hereinafter referred to as "the company"). “Fusheng Investment†signed an absorption and merger agreement and agreed to absorb and merge Fusheng Investment by Youngor Holdings, with April 30, 2011 as the base date, and all Fushen Investment’s assets and liabilities on the base day were merged into Youngor Holdings. Assets and liabilities. (For details, please refer to the relevant announcement disclosed by the company on May 5, 2011)
On February 24, 2012, the company received the "China Securities Regulatory Commission" (hereinafter referred to as the "SFC") "on the approval of Ningbo Youngor Holdings Co., Ltd. and its parties acting in concert to announce the Youngor Group Co., Ltd. acquisition report and waiving its offer for bids. Approval of Duties (Secretary's License [2012] No. 241). (For details, please refer to the related announcement disclosed by the company on March 3, 2012)
Recently, the company received the transfer registration confirmation issued by Shanghai Branch of China Securities Depository and Clearing Co., Ltd., 119,375,996 shares held by Fusheng Investment have been transferred to Youngor Holdings, and Youngor Holding holds a total of 699,272,181 shares of the company, accounting for the proportion of the company’s shares. 31.41%, still the company's largest shareholder, Fusheng Investment no longer holds company shares.
Special announcement!
Youngor Group Co., Ltd.
Board of Directors
November 14, 2012
Youngor Announces Shareholders' Completion of Equity Transfer
Youngor Group Co., Ltd. Announcement on shareholders' completion of equity transfer.
The company and all members of the board of directors ensure that the contents of the announcement are true, accurate and complete, and are jointly and severally liable for false statements, misleading statements or major omissions in the announcement.