According to the Zhitong Finance App, Guodian Nanzi (600268.SH) announced that Huadian Group Nanjing Electric Power Automation Equipment Co., Ltd. (“Nanzi General Plant”), the controlling shareholder of the company, plans to transfer 406 million shares of the company (40% of the company's total share capital) to China Huadian Group Co., Ltd. (“China Huadian”) free of charge. After the free transfer is completed, the controlling shareholder of the company will be changed from Nanzi General Factory to China Huadian. The actual controller of the company is still the State Council's State-owned Assets Supervision and Administration Commission, and the company's control will not change.

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