Zhongtian Technology transferred 100% equity of Zhongtian International Trade and stripped off bulk commodity trading business

Recently, Jiangsu Zhongtian Technology Co., Ltd. announced that in order to further focus on the company’s main business and divest the bulk commodity trading business, the company and Zhongtian Technology Group Co., Ltd. signed the Equity Transfer Agreement of Zhongtian Technology Group Shanghai International Trade Co., Ltd. on June 29, 2022, and the company sold 100% equity of Zhongtian Technology Group Shanghai International Trade Co., Ltd. to Zhongtian Technology Group, The equity transfer price is 343.09 million yuan.
According to the Equity Transfer Agreement, on June 30, 2022, the original shareholder Zhongtian Technology Co., Ltd. transferred 100% of its equity in Zhongtian Technology Group Shanghai International Trade Co., Ltd. to Zhongtian Technology Group in full; The former executive director and supervisor were removed and appointed by Zhongtian Technology Group. On July 8, 2022, Zhongtian International Trade has completed the above industrial and commercial change procedures.