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Shanghai Chengtou Holding Co Ltd Announces Change in Shareholding Structure

Monday, 8 Apr 2013 08:00pm EDT 

Shanghai Chengtou Holding Co Ltd announced that the Company's shareholder, SHANGHAI CHENGTOU CORPORATION, has signed a contract with a Shanghai-based equity investment fund center on April 7, 2013, to transfer 298,752,352 shares of the Company, or 10% of the Company's total shares, for RMB 6 per share, or RMB 1,792,514,112 in total. After that, the shareholder's holdings in the Company decreased to 45.61%.