Taifu Pump Industry: The controlling shareholder will be changed to Zhengyuanxing; stock resumes trading.

MetaMuskRat · 2026-04-01T19:05:15+00:00

Taifu Pump Industry announces the signing of a control rights acquisition agreement with Zhengyuan Xing. The actual controllers, Chen Yiwen and Lin Hui, will each transfer some of their shares in the company and 100% of Dijiujing Electronics' equity. After the transfer, Zhengyuan Xing will hold a total of 24.11% of the shares and become the controlling shareholder, with Sun Kai as the actual controller. The stock will resume trading on March 31.

MetaMuskRat

2026-04-01 19:05:15

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People’s Finance News, March 30—Tianfu Pump Industry (300992) announced on March 30 that the jointly controlling party, Chen Yiwen and Lin Huifu, and Dijiou Electronics and Zhengyuanxing (Shanghai) Enterprise Management Partnership (Limited Partnership) (abbreviated as “Zhengyuanxing”) have jointly signed a “Control Rights Acquisition Agreement.” The agreement stipulates that Chen Yiwen and Lin Huifu intend to transfer 4.18% and 1.05% of the company’s shares to Zhengyuanxing, respectively, by way of agreement transfer. Chen Yiwen and Lin Huifu intend to transfer 100% of Dijiou Electronics’ equity to Zhengyuanxing by way of an equity transfer. After the transfer is completed, Zhengyuanxing will indirectly hold 18.88% of the company’s shares through Dijiou Electronics. After this transfer is completed, Zhengyuanxing will directly and indirectly hold a total of 24.11% of the company’s total share capital. The company’s controlling shareholder will change to Zhengyuanxing, and Sun Kai will become the company’s actual controller. The company’s shares and its convertible corporate bond will resume trading from the opening of business on March 31, 2026 (Tuesday), and “Taifu Convertible Bond” will resume share conversion.

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