Shenzhen Xinxing announced that the holding subsidiary Luoyang Xinxing plans to buy back 15.5263% of the shares held by Luoyang Industrial Control Xinxing. On June 25, 2026, Luoyang Star used the remaining capital raised from the discontinued fund-raising project to complete the repurchase. Recently, it completed targeted capital cuts and industrial and commercial change registration. The company's direct shareholding ratio in Luoyang Xinxing changed from 84.47% to 100%, and Luoyang Xinxing changed from a holding subsidiary to a wholly-owned subsidiary.

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