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Corun Finished Acquisition and Become Lyrun Big Shareholder Formally

2008/4/20

Company received the transaction registration confirmed document from China Securities Depository and Clearing Co., Ltd. Company biggest shareholder- Hunan Xinxing Science and Technology development CO., LTD has transferred 21,269,260 stocks of State-owned legal person shares to Hunan Corun Hi-Tech Co., LTD and Hunan Jintian Science and Technology Co., LTD. All relative procedures have been finished at Registration Company on 12th, April, 2007.
Upon completion of the acquisition, numbers of shares held by Hunan Corun Hi-Tech CO., LTD are 16,941,368 stocks which is accounting for materials 13.7 percent of the Lyrun total share capital and become the biggest stockholder of company.

 


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