Capinfo Subsidiary to Acquire 48.3% of Shares in State-Owned Transfer

Reuters
Jul 30
Capinfo Subsidiary to Acquire 48.3% of Shares in State-Owned Transfer

Capinfo Company Limited announced a strategic move involving the free transfer of state-owned domestic shares by its controlling shareholder, Beijing State-Owned Assets Management Corporation Limited (BSAM), to its wholly-owned subsidiary. This decision is part of a broader effort to streamline operations and enhance corporate structure. The transfer involves ordinary shares valued at RMB1.0 each, contributing to the subsidiary's growing role within the company's framework. The executive directors of Capinfo Company Limited, Mr. Yu Donghui and Mr. Zhang Yiqian, along with the board, are overseeing this transition.

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