0.thumb_head

Photo/VCG

On the evening of July 8, Swancor Advanced Materials announced its controlling shareholder, SWANCOR IND.CO.,LTD., has entered into separate share transfer agreements with Zhiyuan Hengyue and Zhiyuan Xinchuang. 

Under the terms of the agreements, Zhiyuan Hengyue will acquire 24.99% of Swancor Advanced Materials' equity. Concurrently, Zhiyuan Xinchuang will acquire 5% of the listed company's equity.

Following this equity transfer, Zhiyuan Hengyue and Zhiyuan Xinchuang will collectively hold 29.99% of Swancor Advanced Materials' shares and corresponding voting rights. Swancor Advanced Materials' controlling shareholder will shift to Zhiyuan Hengyue, and Deng Taihua will become the actual controller of the listed company.

Building on this agreement, Zhiyuan Hengyue intends to further increase its stake in Swancor Advanced Materials through a partial tender offer, targeting approximately 37.00% of the company's total share capital.

According to business registration information, the executive partners of Zhiyuan Hengyue are Zhiyuan Yuncheng and Zhiyuan Xinchuang, with Deng Taihua as the actual controller. AgiBot indirectly holds 50% of Zhiyuan Hengyue's shares. Additionally, Deng Taihua indirectly holds a portion of Zhiyuan Hengyue's shares.

Deng Taihua, born in 1977, graduated from the University of Electronic Science and Technology of China with a major in computer communications. He previously served as Vice President, President of the Wireless Product Line, and President of the Computing Product Line at Huawei. He is a senior expert in the fields of communications and artificial intelligence. Currently, he serves as Chairman and CEO of AgiBot.

AgiBot is a leading company in embodied artificial intelligence in China. The core team includes "Zhizhui Jun" (Peng Zhihui, co-founder of AgiBot and a former "genius recruit" at Huawei Technologies).

Editor: Gao Han