SinoDaan(SZ:300635) Zheng Quan Zhi Xing·2025-06-25 20:05Core Viewpoint - The company is undergoing a significant change in its controlling shareholder and actual controller due to a stock issuance to a specific entity, which requires various approvals and has inherent uncertainties [2][3]. Group 1: Equity Change Overview - The company plans to issue shares to Xiamen Jianxi, resulting in a change of controlling shareholder from Jinan Likong Disen to Xiamen Jianxi, with Wang Li becoming the actual controller [2][3]. - The stock issuance agreement was signed on June 25, 2025, and the maximum number of shares to be issued is not specified [2]. Group 2: Shareholding Structure Before and After - Before the equity change, the shareholding structure included: - Jinan Likong Disen holding 14,031,261 shares (10.01% of total shares) [2]. - Wu Junye holding 12,778,864 shares (9.12% of total shares) [2]. - After the equity change, the shareholding structure will be: - Xiamen Jianxi will hold 42,040,200 shares (23.08% of total shares) [2]. - Jinan Likong Disen's holding will decrease to 14,031,261 shares (7.70% of total shares) [2]. - Wu Junye's voting rights will be transferred to Jinan Likong Disen [2]. Group 3: Required Procedures for Equity Change - The equity change requires several approvals, including: - Approval from the relevant supervisory authority or state-owned asset supervision department [3]. - Approval from the company's shareholders' meeting [3]. - Review and approval from the Shenzhen Stock Exchange and registration consent from the China Securities Regulatory Commission [3]. - The successful implementation of this transaction remains uncertain due to these procedural requirements [3].