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The controlling shareholder of Freda (600223.SH) plans to transfer 5% of the company's shares to Shandong SDIC
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Zhitong Finance App News, Freda (600223.SH) announced that Shandong Commercial Group Co., Ltd. (“Commercial Group”), the controlling shareholder of the company, and Shandong State-owned Assets Investment Holding Co., Ltd. (“Shandong SDIC”) signed a “Share Transfer Agreement” on August 6, 2026. The commercial group plans to transfer 508.28,500 shares of the company's shares (5% of the company's total share capital) to Shandong SDIC under a private agreement. The transfer price is 5.384 yuan/share, and the transfer consideration is 274 million yuan.

After this change in equity, the number of shares held by the controlling shareholder Commercial Group and its co-actors will be reduced by 508.28,500 shares, and the shareholding ratio will drop from 54.28% to 49.28%; Shandong SDIC will hold 508.28,500 shares of the company, and the shareholding ratio will increase to 5%. This change in equity will not result in changes in the controlling shareholders and actual controllers of the company.

The purpose of this agreement transfer is to introduce strategic investors to Freda, optimize Freda's governance structure, and help listed companies develop their business. The transferee, Shandong SDIC, is an important state-owned enterprise managed by the Shandong Provincial Committee. It is the only provincial state-owned capital operating company in Shandong Province, holding 6 listed companies including Inspur Information, Walter Dyne, and Ouma Software. Its medical and health sector mainly includes Walter Dyne and Shandong Pharmaceutical Group Co., Ltd. Among them, Walter Dine is mainly engaged in the production and sale of child-specific drugs, and Shandong Pharmaceutical Group Co., Ltd. is mainly engaged in pharmaceutical distribution business. The introduction of Shandong SDIC as Freda's main shareholder is conducive to using Shandong SDIC's expertise and medical and health industry layout to further help Freda expand brand promotion, enhance operating efficiency, and promote high-quality development of listed companies.

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