Shenzhen Rapoo TechnologyControlling shareholder Hotkey Electronics is transferring 5% of Rapoo Technology shares for 228 million yuan, a stake sale that does not change control.

Rapoo Technology announced on September 16 that its controlling shareholder, Hotkey Electronics, signed a Share Transfer Agreement with Shanghai Gaoyi Private Fund Management Co., Ltd. Hotkey Electronics intends to transfer 5% of its shares in the company to the transferee, which is Shanghai Gaoyi Private Fund Management Co., Ltd. acting on behalf of the Gaoyi Kaihua Runlei No. 1 Private Securities Investment Fund it manages, namely Gaoyi Kaihua. The total consideration for this share transfer is 228 million yuan. The announcement stated that this transfer will not result in a change in the company's controlling shareholder or actual controller.
Shenzhen Rapoo TechnologyControlling shareholder Hotkey Electronics is transferring 5% of Rapoo Technology shares for 228 million yuan, a stake sale that does not change control.
Hotkey Electronics, Rapoo's controlling shareholder, is selling 5% of its shares for 228 million yuan without losing control.
Shanghai Gaoyi Private Fund Management is the transferee acquiring the 5% Rapoo stake via its Gaoyi Kaihua fund.