BOE A announced that the company previously disclosed that the State Assets Administration Commission decided to transfer 4,063 billion A-share shares of the company held by the Beijing State Administration to Beijing Electronic Control free of charge. On November 10, 2026, Beijing State Administration and Beijing Electronic Control signed a free share transfer agreement. The transfer is yet to be confirmed by the Shenzhen Stock Exchange and registered for transfer. On the same day, Beijing Electronic Control and the Beijing Guorui Foundation signed a concerted action agreement to cancel the agreement. The concerted action relationship between the two parties was terminated on November 10, 2026, and voting rights will no longer be calculated together. After the change in equity, Beijing Electronic Holdings held 5.345 billion shares, accounting for 14.43% of the total share capital; Beijing Guogang no longer holds shares. The controlling shareholder and actual controller of the company is still Beijing Electronic Control.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.