Yitian Smart announces that its controlling shareholder, Yitian Investment, has terminated the agreement to transfer company shares with Wuniu Dafeng No. 1 Private Securities Investment Fund. The original agreement involved the transfer of 8.1888 million shares, accounting for 5.99% of the total share capital after excluding shares in the company’s repurchase dedicated account. This termination of the agreement will not result in a change of control of the company and will not have a significant impact on the company’s governance structure or ongoing operations.
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Yitian Smart: Controlling Shareholder terminates agreement to transfer 5.99% of the company's shares
Yitian Smart announces that its controlling shareholder, Yitian Investment, has terminated the agreement to transfer company shares with Wuniu Dafeng No. 1 Private Securities Investment Fund. The original agreement involved the transfer of 8.1888 million shares, accounting for 5.99% of the total share capital after excluding shares in the company’s repurchase dedicated account. This termination of the agreement will not result in a change of control of the company and will not have a significant impact on the company’s governance structure or ongoing operations.