SDDW: Shandong University Aims to Strengthen Reform of University-Owned Enterprises, as Controlling Shareholder Plans to Donate 24.59% of Company Shares
3 week ago / Read about 0 minute
Author:小编   

SDDW has announced that Shandong University is embarking on a comprehensive reform initiative aimed at enhancing the efficiency and governance of its affiliated enterprises. On June 27, 2025, the company received notification from its controlling shareholder, Shandong Shanda Capital Operation Co., Ltd., of its decision to transfer a 24.59% stake in SDDW to Shandong Expressway Group Co., Ltd., without any monetary consideration. Both parties have signed a letter of intent, signaling their agreement on this matter. This proposed equity transfer could potentially result in a shift in the company's controlling shareholder and the actual controller of the business.