According to the Zhitong Finance App, Tianyong Intelligence (603895.SH) announced that the controlling shareholder of the company, Shanghai Mingjia Investment Co., Ltd. plans to transfer its 6.4848 million shares to Shanghai Chenshen Runhua Enterprise Management Partnership (Limited Partnership) through an agreed transfer, accounting for 6% of the company's total share capital, with a total transfer price of 162 million yuan. The funds transferred by agreement are loaned to the company after tax to support the company's production and operation and supplement working capital. The transfer did not involve a change in control of the company.

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