20, Shanshan shares issued a notice that the three-year equity dispute was settled. The controlling shareholder of the company was formally changed to Wanwei Group, and the actual controller was transferred to Anhui SASAC. After the subsequent reorganization, Conch Group will become the indirect controlling shareholder.
Wanwei Group owns 21.88% of the voting rights through direct shareholding and concerted action arrangements.
The company's provisional shareholders'meeting completed the change of the board of directors, 11 new directors were all nominated by Wanwei Group, and many directors had the background of Wanwei Group and Conch Group.
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