Zhitong Finance App News, Qifan Cable (605222.SH) announced that Zhou Guihua, the controlling shareholder and actual controller of the company, signed a “Share Transfer Agreement” with Hangzhou Zhongda Grand Hyatt Investment Co., Ltd. (“Grand Hyatt Fund”) on September 4, 2026. It is proposed to transfer to Junyue Fund through an agreed transfer of 21.083 million shares of the company's unlimited tradable shares, accounting for 5.1% of the company's total share capital. The transfer price is 1.915 yuan/share, with a transfer consideration of 403 million yuan. The transaction will not result in a change in control of the company.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.