Apple Flavor&Fragrance Group: Wei Zhonghao Transfers 29 Million Shares Through Agreement

Deep News10-10

Apple Flavor&Fragrance Group Co.,Ltd. announced that the company's controlling shareholder and actual controller Wei Zhonghao will transfer 29 million shares he holds (accounting for 7.57% of the company's total share capital) to Hangzhou Mingce Enterprise Management Co., Ltd. The transfer price is 9 yuan per share, with a total transaction value of 261 million yuan. After the completion of the transfer, Wei Zhonghao's shareholding will be reduced to 88.0143 million shares, with his ownership percentage decreasing to 22.97%. This equity change is subject to compliance review and confirmation by the Shanghai Stock Exchange before it can take effect.

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