Recently, Dongwu Cement announced that the company's controlling shareholder, Goldview Development Limited (hereinafter referred to as "Goldview"), had signed an agreement. It will sell part of its shares to Port and Shipping Group (Hong Kong) Investment Co., Ltd. (Hereinafter referred to as "Port and Shipping Hong Kong") and Suzhou Fenyuan Capital Management Co., Ltd. If the transaction is completed, Hong Kong will officially become the largest shareholder with a 28% shareholding ratio, and Fenyuan Capital will become an important strategic shareholder with a 9% shareholding ratio.
It is understood that the port and shipping Hong Kong is the overseas capital operation platform of Suzhou Port and Shipping Investment Development Group Co., Ltd., and the actual controller is Suzhou SASAC; Fenyuan Capital is wholly owned by Suzhou Fenhu Investment Group Co., Ltd., which is the core platform of Fenhu High-tech Industrial Development Zone Management Committee. After the completion of the
equity restructuring, Dongwu Cement will be transformed from the original private holding to a mixed ownership enterprise dominated by state-owned capital and governed by multiple shareholders. The optimization of the ownership structure will significantly enhance the level of corporate governance and the ability of resource integration, and inject new impetus into the future development.