BVEA(SH:600379) Zheng Quan Zhi Xing·2025-05-20 08:19Group 1 - The core point of the announcement is the planned transfer of state-owned shares from Baoguang Group to Xidian Group, resulting in a change of the direct controlling shareholder of Baoguang Co., Ltd. from Baoguang Group to Xidian Group, while the actual controller remains the State-owned Assets Supervision and Administration Commission of the State Council [1][2][5] - The transfer involves 99,060,484 shares, representing 30.00% of the total share capital of Baoguang Co., Ltd., which will be transferred without compensation [2][4] - The transfer agreement was signed on May 16, 2025, and is subject to the approval of relevant state-owned asset supervision departments and compliance confirmation by the Shanghai Stock Exchange [4][5] Group 2 - Baoguang Group, the transferring party, is a limited liability company established on April 20, 1985, with a registered capital of 11 million RMB, and is fully owned by Xidian Group [3] - Xidian Group, the receiving party, is a limited liability company with a registered address in Xi'an, and is fully owned by China Electrical Equipment Group Co., Ltd. [4] - The transfer is classified as an internal transfer of state-owned assets, which allows Xidian Group to avoid making a public offer under the relevant regulations [2][5]