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Huali Holdings controlling shareholder to transfer 5.1% stake for 199 million yuan

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  • Anhui Hongdian plans to transfer 5.1% of Huali Holdings to Hainan Junhe.
  • 13,702,532 shares will change hands for approximately 199 million yuan.
  • Anhui Hongdian will retain control after its stake falls from 25% to 19.9%.
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