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Chengtai Insurance: Kunming Production Investment transfers 5970 million shares to Kunming Development Transfer Company

Chengtai Insurance announced that shareholder Kunming Industrial Investment transferred 5970 million shares to Kunming Development via non-public agreement, representing 1% of the total. Following the transaction, Kunming Industrial Investment's shareholding decreased to 12.4%, while Kunming Development's increased to 14.4%. Both parties remain Category II financial shareholders.

AUTHORSina Finance
DATE2026-10-15
VIEWS7259 views
COLUMNPublish Information
Chengtai Insurance: Kunming Production Investment transfers 5970 million shares to Kunming Development Transfer Company

10 15 Financial Industry News: Chengtai Insurance announced today that it received a "Notice on Share Transfer" from shareholder Kunming Development Investment Group Co., Ltd. (hereinafter referred to as "Kunming Development") on 2026 10, and a "Letter Regarding Shareholder Equity Change Matters" from shareholder Kunming Industrial Development Investment Co., Ltd. (hereinafter referred to as "Kunming Chuangtou") on 2026 10. In accordance with regulatory requirements, the relevant information is disclosed below:

After internal approval by Kunming Industrial Investment and following ratification by the Kunming Municipal State-owned Assets Supervision and Administration Commission and completion of relevant state-owned equity transaction oversight procedures, Kunming Industrial Investment signed a "Share Transfer Agreement" with Kunming Development on 2026/9/30. Through a non-public agreement transfer, Kunming Industrial Investment transferred 3 million shares of Chengtai Insurance held by it to Kunming Development, representing 1% of the company's total share capital.

Following this transfer, Kunming Industrial Investment's total shareholding in Chengtai Insurance will change from 80000 to 74030 million shares, with its ownership percentage shifting from 13.4% to 12.4%. Simultaneously, Kunming Development's total shareholding in Chengtai Insurance will move from 80000 to 85970 million shares, and its ownership percentage will adjust from 13.4% to 14.4%. After this transaction, both Kunming Development and Kunming Industrial Investment will remain as Class II financial shareholders of Chengtai Insurance.

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