China Haicheng announced that Poly Group plans to transfer all of the company's shares held by China Light Group, a wholly-owned subsidiary, through a free transfer of state-owned shares. Before the transfer, China Light Group held 260 million shares, accounting for 46.54% of the company's total share capital; the matter is still in the planning stage and still needs to be reviewed and approved, Shenzhen Stock Exchange compliance confirmation, and transfer registration. After completion, the controlling shareholder will be changed to Poly Group, and the actual controller is still Poly Group.

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