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Sunshine Lighting (600261.SH): Chen Ying quit the actual controller of the company

On November 5, 2015, Sunshine Lighting (600261.sh) announced that the company changed the actual controller due to changes in the internal equity composition of the controlling shareholder and the concerted actors. The total number of shares held by the controlling shareholder and the co-actors has not changed.

Century Sunshine Holdings Group Limited ("Century Sunshine") is the controlling shareholder of the Company and holds 32.14% of the equity of the Company. The shareholders of Century Sunshine are 65.708% held by Mr. Chen Senjie, 28.7267% by Zhejiang Zhenli Information Technology Co., Ltd., and 5.5653% by Ms. Chen Ying.

Zhejiang Zhenli Information Technology Co., Ltd. ("Zhejiang Zhenli") is a consistent actor of the Company and holds 2.12% of the equity of the Company. Zhejiang Zhenli is 90% owned by Pan Xiaochong, Chen Senjie's spouse, and 10% owned by Chen Senjie's daughter Chen Ying.

Since Chen Ying transferred 10% of the shares held by Zhejiang Zhenli to Chen Senjie, he did not hold the shares of Zhejiang Zhenli after the transfer. At present, Zhejiang Zhenli is 90% owned by Pan Xiaochong, the spouse of Chen Senjie, and 10% by Chen Senjie.

Chen Ying transferred 5.565% of the shares held by Century Sunshine to Chen Senjie, after which Chen Senjie's holding of Century Sunshine increased from 65.708% to 71.2733%, and Chen Ying no longer held the shares of Century Sunshine.

The original actual controllers of the company were Chen Senjie, his spouse Pan Xiaochong and his daughter Chen Ying. After the completion of the above equity changes, Chen Ying withdrew from the actual controller of the company.

This article originated from Grand Gateway

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