Hunan Haili Chemical Co LtdControlling shareholder transfer within same actual controller, no change in control, exempt from tender offer; impact on company unclear.

ST Haili announced that its controlling shareholder, Shanghai Haoyuan, plans to transfer all of its 226 million shares, representing 34.70% of the total share capital, to the actual controller Zhang Haiming and his concert party Zhang Yue by agreement, for a total consideration of 601 million yuan. This acquisition is between different entities controlled by the same actual controller, does not result in a change of actual controller, and the acquirer is exempt from making a tender offer to increase its shareholding. Upon completion of the acquisition, the company's controlling shareholder will change from Shanghai Haoyuan to Zhang Haiming.
Hunan Haili Chemical Co LtdControlling shareholder transfer within same actual controller, no change in control, exempt from tender offer; impact on company unclear.
Shanghai Hile Bio-techShanghai Haoyuan transfers its entire stake to actual controller, becoming non-controlling shareholder.