Guangdong Hoshion Industrial Aluminium (SHE:002824) agreed to terminate a share transfer agreement, according to a Shenzhen Stock Exchange filing on Tuesday.

The agreement was made on Nov. 18, 2024, with Ningbo Ningju Asset Management Center through the company's controlling shareholder and actual controller. Under the deal, controlling shareholder Li Jianxiang would have transferred 14 million shares in the company to Ningbo Ningju for 238.8 million yuan.

The parties decided to end the deal, which was not fully processed after its signing.