of May 16, Jinyuan Shares (000546) issued a public announcement disclosing that according to the Divorce Agreement signed by Zhao Hui and Pan Ying. Zhao Hui, one of the actual controllers of the Company, transferred his 66,137,600 shares of the Company (accounting for 8.505% of the total share capital of the Company) to his ex-wife Pan Ying by means of non-transaction transfer of securities; and transferred his 7.67% equity of Jinyuan Holding Group Co., Ltd. (Hereinafter referred to as "Jinyuan Holding") to Pan Ying. The relevant procedures have been completed. After
the above equity changes are completed, Zhao Hui will no longer hold the company's shares and Jinyuan's controlling equity, and will no longer be the actual controller of the company. The actual controller of the company will be changed from Zhao Bisheng and Zhao Hui to Zhao Bisheng.
If calculated according to the closing price of 434 yuan/share of Jinyuan shares on the announcement date (May 16), the corresponding market value of the shares Pan Ying has acquired is about 287 million yuan.
Jinyuan shares said that the relevant transfer procedures for Zhao Hui's 7.67% stake in Jinyuan Holdings are still being processed. After this equity change, Pan Ying directly holds 66.1376 million shares of the company (accounting for 8.505% of the company's total equity). The 66,137,600 shares transferred through non-transaction in this equity change are still restricted for sale. The shares acquired by Pan Ying in this equity change will continue to fulfill the relevant commitments made by Zhao Hui on the lock-up of shares, and will be implemented in accordance with the relevant provisions of the China Securities Regulatory Commission and the Shenzhen Stock Exchange on the change of shares.
Jinyuan shares also said that the change of the actual controller does not touch the obligation of tender offer stipulated in the Measures for the Management of Acquisition of Listed Companies, will not affect the stability of the company's operation, will not cause changes in the company's management, nor will it affect the company's independence and sustainability. According to
the 2024 annual report, Zhao Hui, male, 51 years old, was the chairman of Jinyuan from July 10, 2014 to September 20, 2024. In 2024, the total pre-tax remuneration received from the company was 642,400 yuan. On September 20, 2024, Zhao Hui resigned from the positions of director, chairman and general manager of the company for personal reasons, and also resigned from the relevant positions of the special committee of the board of directors. After his resignation, Zhao Hui no longer held any position in the company.
The 2024 annual report also shows that the controlling shareholder of Jinyuan is Jinyuan Holding Group Co., Ltd. and the actual controllers are Zhao Bisheng and Zhao Hui, who hold 97.67% of Jinyuan Holdings and indirectly hold the company's shares.
It is worth mentioning that in January 2025, Jinyuan shares and Zhao Hui and others received the Decision on Administrative Penalty from Jilin Securities Regulatory Bureau. Zhao Hui, the actual controller, then chairman and general manager of Jinyuan Stock Company, Fang Guangquan, the chief financial officer and secretary of the board of directors, was issued a warning letter by Jilin Regulatory Bureau and recorded in the integrity file of the securities and futures market for occupying the company's non-operating funds and failing to fulfill the obligation of information disclosure in time and in accordance with the law.
Previously, the announcement of Jinyuan on November 30, 2024 showed that Zhao Hui, one of the actual controllers of the company, received the Notice of Filing a Case issued by the China Securities Regulatory Commission on November 29, 2024. According to the Securities Law of the People's Republic of China, the Administrative Punishment Law of the People's Republic of China and other laws and regulations, on November 15, 2024, the CSRC decided to file a case against Zhao Hui, one of the actual controllers of the company. At present
, Jinyuan's main business is environmental protection and new energy materials industry. In terms of
performance, in 2024, the company achieved a total operating income of 6.734 billion yuan, an increase of 136.79% over the previous year; the net profit attributable to the parent company was 39.7145 million yuan, a turnaround; In the first quarter of this year, the company realized revenue of 1.743 billion yuan, an increase of 84.59% over the previous year, and net profit of 0.16 billion yuan, a decrease of 29.92% over the previous year.