Xinhua Winshare’s Share Transfer Secures Approval

Xinhua Winshare Publishing & Media Co (HK:0811) has released an update.

Xinhua Winshare Publishing and Media Co., Ltd. announced that the gratuitous transfer of state-owned equity interest by its controlling shareholder has been approved, ensuring no change in its governance structure or de facto controller. This move, compliant with the Shanghai Stock Exchange’s requirements, will not trigger a tender offer, although investors are advised to be mindful of potential risks. The company will continue to update stakeholders as developments occur.

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