On June 28, Capital State learned that the A-share company Jingda (600577.SH) held more than 5% of the shares in the agreement to transfer shares.

Jingda has received a notice from Tongling Jingda Copper (Group) Co., Ltd. (hereinafter referred to as "Jingda Group"), a shareholder holding more than 5% of the shares.

On June 26, 2021, Jingda Group and Nanjing Ruichun Investment Management Partnership (Limited Partnership) (hereinafter referred to as "Nanjing Ruichun") signed the "Share Transfer Agreement on Tongling Jingda Special Magnet Wire Co., Ltd.".

Jingda Group intends to transfer 104 million shares of the company’s unrestricted tradable shares (accounting for 5.34% of the company’s total share capital) and all the shareholders’ equity derived from the shares to Nanjing Ruichun by way of agreement transfer. The share transfer price is The 10% discount of the company’s stock closing price on the trading day before the signing of the agreement was calculated as 5.76 yuan per share, and the total share transfer amount was 599 million yuan.

After this transaction, Jingda Group's shareholding ratio dropped to 3.16%, and Nanjing Ruichun's shareholding increased to 5.34%.

Both the company structure and the organizational system are complex systems. The competitive environment is also complex and changeable. The goal of the strategy is to generate the impetus for change, guide the direction of development, and then create performance.