Xueqi Electric shareholder Zhidao Investment has transferred all of its 23.1499 million shares in the company to Liu Xiang, representing 12.6481% of the total share capital, for a total consideration of 296 million yuan. The transfer price is 12.8 yuan per share. After the transaction, Zhidao Investment will no longer hold any shares in Xueqi Electric, and Liu Xiang's stake will rise to 12.8768%. Liu Xiang has long been deeply involved in the home appliance industry, primarily engaged in the manufacturing and trading of components such as washing machine deceleration clutches. This acquisition is based on recognition of the company's future development prospects and investment value. The transferor has committed to releasing the pledge on 14.82 million shares before closing, and the transferee has committed not to reduce holdings within 18 months.
Hefei Snowky Elec Co LtdNew investor Liu Xiang acquires 12.65% stake, signaling confidence in company's prospects and providing capital stability.
Zhidao Investment sells entire stake in Xueqi Electric, exiting the investment.