Zheng Quan Zhi Xing·2025-05-22 15:17Group 1 - The core viewpoint of the article is that the transaction involving the sale of 90% equity of Shanghai Mining by Wolong New Energy Group does not constitute a restructuring listing as per the regulations outlined in the Major Asset Restructuring Management Measures for Listed Companies [1][2] - The transaction is classified as a major asset sale, which does not involve the issuance of shares and will not change the equity structure of the listed company [1] - The controlling shareholder remains Zhejiang Wolong Real Estate Investment Co., Ltd., and the actual controller is still Mr. Chen Jiancheng, indicating that there is no change in control of the listed company [1][2] Group 2 - The independent financial advisor, CITIC Construction Investment Securities Co., Ltd., confirms that the transaction will not lead to a change in control of the listed company [2] - The audited financial data for the fiscal year 2024 shows that the revenue from Shanghai Mining accounts for over 50% of the total revenue of the listed company, qualifying the transaction as a major asset restructuring [1]