EverChina Announces Major Shareholding Shift

EverChina Int’l Holdings Company Ltd (HK:0202) has released an update.

EverChina Int’l Holdings Company Limited has announced a significant shift in shareholding interests, as Mr. Jiang Zhaobai, the Chairman, has transferred majority stakes in two substantial shareholders, Rich Monitor Limited and Pengxin Holdings Company Limited, to his son Mr. Jiang Xiao Heng Jason. The transfer makes Mr. Jiang Xiao Heng Jason the sole beneficial owner of these companies, amounting to a combined 28% stake in EverChina Int’l Holdings. Shareholders and investors are advised to exercise caution when dealing in the company’s securities.

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