Sou Hu Cai Jing·2025-07-22 04:05Core Viewpoint - Konka Group has officially completed the change of its actual controller after a 104-day process of professional integration among state-owned enterprises, with China Resources becoming the new actual controller [1][3][4] Group 1: Share Transfer Completion - The share transfer involved approximately 29.999997% of Konka Group's total share capital, with Panshi Run Chuang holding about 5.24 billion A-shares, accounting for 21.76% of the total share capital [3] - Hemaotong Limited, through CITIC Securities Brokerage (Hong Kong) Co., Ltd., holds approximately 1.98 billion B-shares, representing 8.24% of the total share capital [3] - Following the completion of the B-share transfer, Overseas Chinese Town Group and its action-in-concert party no longer hold any shares in Konka Group [3] Group 2: Background and Significance of State-Owned Enterprise Integration - Konka Group, established in 1980, was the first Sino-foreign joint venture electronics company after China's reform and opening up, with Overseas Chinese Town Group as the largest shareholder since its restructuring in 1991 [4] - The professional integration process began on April 8, initiated by Overseas Chinese Town Group to optimize resource allocation among state-owned enterprises [4] - The approval process for the share transfer was supported by regulatory authorities, with the National Market Supervision Administration issuing a non-prohibition decision on June 27 and the State-owned Assets Supervision and Administration Commission formally approving the transfer on June 30 [4]