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Yilida: The actual controller will change to the Tongxiang Municipal Finance Bureau, and the stock will resume trading.
Yilida Announcement, the company’s controlling shareholder, Zhejiang Business Assets, has signed an agreement with Tongxiang Runtong Holdings to transfer 170 million shares at 7.8 yuan per share, accounting for 29.99% of the total share capital, with a total price of 1.33B yuan. At the same time, Zhejiang Business Assets has also signed an agreement with Jiaxing Guotou to transfer 40.3163 million shares at 7.55 yuan per share, accounting for 7.12% of the total share capital, with a total price of 304 million yuan. After the transaction is completed, the company’s controlling shareholder will change to Runtong Holdings, and the actual controller will change from the Zhejiang Provincial State-owned Assets Supervision and Administration Commission to the Tongxiang Municipal Finance Bureau. The stock will resume trading from the market opening on Tuesday, April 7, 2026.