002827SZSE
🚨 Material Event

Announcement on the gratuitous transfer of state-owned equity and proposed change of controlling shareholder

Xizang GaoZheng Explosive Co,Ltd··5 pages

✨ AI Summary

Tibet High-Climbing Explosives Co., Ltd. announces the proposed gratuitous transfer of 34% of its shares by its controlling shareholder, Tibet Construction Engineering Materials Group Co., Ltd., to Tibet Geological and Mineral Group Co., Ltd. This will change the controlling shareholder but not the ultimate controller. The transfer is exempt from mandatory offer.

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Full Translation

AI Translation· gemini_document

Securities Code: 002827

Securities Abbreviation: Gaozheng Explosives

Announcement Number: 2026-039

Tibet High-Climbing Explosives Co., Ltd.

Announcement on the Gratuitous Transfer of State-Owned Equity and Proposed Change of Controlling Shareholder

The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and are free from any false representations, misleading statements, or material omissions.

Key Information Prompt:

  1. Tibet High-Climbing Explosives Co., Ltd. (hereinafter referred to as the "Company" or "Listed Company"), its actual controller, the State-owned Assets Supervision and Administration Commission of the People's Government of Tibet Autonomous Region (hereinafter referred to as "Tibet SASAC"), intends to gratuitously transfer the 34.00% shares (94,195,640 shares) of the Company held by its controlling shareholder, Tibet Construction Engineering Materials Group Co., Ltd. (hereinafter referred to as "Zhengjian Group"), to Tibet Geological and Mineral Group Co., Ltd. (hereinafter referred to as "Dikuang Group"). After this gratuitous transfer, the controlling shareholder of the Company will change from Zhengjian Group to Dikuang Group, and the actual controller of the Company will remain unchanged, still being Tibet SASAC.

  2. According to Article 63, Paragraph 1, Item (1) of the "Administrative Measures for the Takeover of Listed Companies," this gratuitous transfer is exempt from the obligation to make an offer.

  3. As of the disclosure date of this announcement, the gratuitous transfer of state-owned equity still requires the signing of relevant agreements, the fulfillment of relevant procedures by all parties to the gratuitous transfer, compliance confirmation by the Shenzhen Stock Exchange, and the handling of share transfer registration procedures by China Securities Depository and Clearing Corporation Limited.

  4. This matter will not have an adverse impact on the Company's normal production and operation, nor will it harm the interests of the Company and its small and medium shareholders. The Company will fulfill its information disclosure obligations in a timely manner according to the progress of related matters.

I. Overview of Basic Situation

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