Chuanfa Longman announced that the controlling shareholder, Xiancai Group, acted in unison to change the shareholding structure of Chuanyan Group: Sichuan Development transferred 51% of its shares held by Sichuan Salt Group to the Sichuan Provincial State-owned Assets Administration Commission free of charge, and has completed the registration of industrial and commercial changes. After the transfer, the Sichuan Provincial State-owned Assets Administration Commission held 51% of Chuanyan Group's shares, and Sichuan Development held 49% of the shares. This change did not involve direct transfer of the company's shares, increase or reduction of holdings to the market, and did not involve an offer; the controlling shareholder is still Xiancai Group, and the actual controller is still the Sichuan Provincial State-owned Assets Administration Commission. It is still being discussed whether the Xiancai Group and Kawashio Group will continue to form a concerted action relationship.

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