Nongfa Seed Industry Announcement: The company issued 79,175,300 shares to specific entities, China Nongfa Group and Huarong Assets. After the issuance, China Nongfa Group and its concerted parties hold a total of 510 million shares, accounting for 43.89% of the total share capital. China Keng Company still directly holds 21.55% of the company’s shares and remains the controlling shareholder, with no change in company control.
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Nongfa Seed Industry: China Nongfa Group and its concerted actors hold a 43.89% stake
Nongfa Seed Industry Announcement: The company issued 79,175,300 shares to specific entities, China Nongfa Group and Huarong Assets. After the issuance, China Nongfa Group and its concerted parties hold a total of 510 million shares, accounting for 43.89% of the total share capital. China Keng Company still directly holds 21.55% of the company’s shares and remains the controlling shareholder, with no change in company control.