Suggestive announcement on the progress of the sha

2022-08-07
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*The indicative announcement on the progress of St Zhongfa shareholders' equity transfer

*, On september8,2004, China National Foreign Construction Corporation and Tianjin Research Institute of construction machinery signed the agreement on the termination of the equity transfer agreement and the agreement on the free transfer of state-owned shares of the company. China

China Foreign Construction Development Co., Ltd. received the notice from the major shareholders. On September 8, 2004, China Foreign Construction Corporation and Tianjin Engineering Machinery Research Institute signed the agreement on the cancellation of the equity transfer agreement and the agreement on the free transfer of the company's state-owned shares on the transfer of state-owned shares

China National Foreign Construction Corporation and Tianjin Research Institute of construction machinery signed the agreement on equity transfer of state-owned legal person shares on September 19, 2003. The two sides negotiated and obtained the consent of the Ministry of industry and information technology of the people's Republic of China on June 30, 2004, which will continue to formulate and issue a series of industrial promotion policies and measures from this year, with the consent of the asset management department and the superior competent department, It is proposed to change the mode of transfer of state-owned equity from acquisition by agreement to administrative transfer of state-owned equity

China Foreign Construction Corporation plans to transfer its state-owned legal person shares to Tianjin Engineering Research Institute by means of administrative transfer of state-owned equity, accounting for 53.71% of the total share capital of the company. After the equity transfer, Tianjin Construction Machinery Research Institute will become the largest shareholder of the company

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