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Zoomlion Heavy Industries announced that on October 13, 2026, the company signed a share transfer agreement with Yuanzhuo Angel New Energy Partnership to transfer 35.988 million shares of Lu Chang Technology at RMB 25 per share, accounting for 29.99% of its total share capital, for a total transfer price of RMB 900 million. The company also plans to pre-accept a partial offer for 14% of Lu Chang Technology's shares. After the transaction is completed, the company will no longer be a shareholder of Lu Chang Technology Holdings; the agreed transfer still needs to obtain compliance confirmation from the Shenzhen Stock Exchange and complete share transfer registration.
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Zoomlion Heavy Industries announced that on October 13, 2026, the company signed a share transfer agreement with Yuanzhuo Angel New Energy Partnership to transfer 35.988 million shares of Lu Chang Technology at RMB 25 per share, accounting for 29.99% of its total share capital, for a total transfer price of RMB 900 million. The company also plans to pre-accept a partial offer for 14% of Lu Chang Technology's shares. After the transaction is completed, the company will no longer be a shareholder of Lu Chang Technology Holdings; the agreed transfer still needs to obtain compliance confirmation from the Shenzhen Stock Exchange and complete share transfer registration.
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