According to the Power Source announcement, on July 10, 2026, the controlling shareholder He Zhenya signed an agreement with Red Cotton Science and Innovation to transfer 55.1547 million shares to the latter, with a total transfer price of 229 million yuan. After the equity change, Red Cotton Innovation will become the controlling shareholder, and the actual controller will be changed to Chen Zhimao. Recently, the matter was confirmed as compliant by the Shanghai Stock Exchange, but share transfer registration is still required, and the final outcome is uncertain.

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