According to the Three Gorges New Materials announcement, SDIC will transfer 85% of the shares held by Dangyang City Investment to the bonded supply chain for a fee. The bonded supply chain will indirectly control 22.74% of the company's shares through Dangyang City Investment; currently, the above share transfers have not completed the registration of industrial and commercial changes. Dangyang City Investment is still the controlling shareholder of the company, the State-owned Assets Supervision and Administration Committee of the Yichang Municipal People's Government is still the actual controller, and the controlling shareholder and actual controller have not changed.

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