Housing Finance NetworkOn December 25, Gujia Home Furnishing issued an announcement on the progress of the signing of the "Supplemental Agreement to the Share Transfer Agreement" and the change of control by the controlling shareholder and the actual controller.
On November 9, Gujia Group, the controlling shareholder of Gujia Home Furnishing and its concerted action person TB Home, as well as the actual controllers Gu Jiangsheng, Gu Yuhua and Wang Huoxian, signed a share transfer agreement with Infore Ruihe Investment: Infore Ruihe Investment transferred a total of 241,838,695 shares of Gujia Home held by Gujia Group and TB Home by way of agreement transfer, accounting for 29 of the total share capital of Gujia Home42%。
The transfer agreement stipulates that Gujia Group, TB Home, Gu Jiangsheng and the management of Gujia Home Fnishing have reached an agreement on its internal governance and other matters after the equity transaction, and signed a written agreement to pay the prerequisites for Infore Ruihe Investment to pay the first payment.
Gujia Group, TB Home, Gu Jiangsheng and others signed a supplementary agreement with Infore Ruihe Investment on December 25.
The transferor agreed to adjust its aggregate holdings of 241,838,695 outstanding shares of Gujia Home Furnishing to 367,187 shares**, transferred to the transferee, the total transfer** was adjusted to RMB8,880,002,490$10.
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