The Zhitong Finance App learned that according to the latest data from the Hong Kong Stock Exchange, on November 6, Walnut Capital (00905) changed positions, with a total market value of HK$147 million, accounting for 55.79%. The company's shareholders transferred 585 million shares to Daokou Securities and 585 million shares from Bank of China International Securities.

Walnut Capital recently announced that the controlling shareholder and executive director Meng Pinwen and Linhua, wholly owned by Meng Pinwen, have entered into a bulk transaction agreement with the manager. The manager will induce the independent undertaker to purchase all of Meng Pinwen's shares of approximately 584 million shares, or about 55.64% of Meng Pinwen's shares, at a price of not less than HK$0.242 per share. If an agreement on the sale of shares is not signed before November 30, the bulk transaction agreement will automatically be terminated. If implemented, Linghua will no longer hold any shares and will therefore no longer be the group's controlling shareholder.

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