Alcha(SZ:002160) Zheng Quan Zhi Xing·2025-07-23 16:24Core Viewpoint - The announcement details the transfer of state-owned equity involving indirect shareholders of Jiangsu Chang Aluminum Industry Group Co., Ltd, indicating that the company's direct controlling shareholder and ultimate actual controller will remain unchanged despite the restructuring of the upper equity structure of its indirect shareholders [1][2][8]. Summary by Relevant Sections Equity Transfer Details - The Jinan Municipal State-owned Assets Supervision and Administration Commission will transfer 98.47% of its shares in Jinan Industrial Development Investment Group Co., Ltd to Jinan Industrial Investment Holding Co., Ltd without compensation, effective from December 31, 2024 [2][7]. - Additionally, 100% of the shares in Jinan Steel Group will also be transferred to Jinan Industrial Investment Holding Co., Ltd, with corresponding rights and obligations being transferred as well [2][7]. Shareholder Structure Changes - The restructuring will not change the direct controlling shareholder, which remains Qilu Financial Investment Group Co., Ltd, nor the ultimate actual controller, which is the Jinan Municipal Government State-owned Assets Supervision and Administration Commission [1][8]. - After the equity changes, Jinan Industrial Investment Holding Co., Ltd will indirectly control the direct controlling shareholder Qilu Financial Investment Group Co., Ltd [8]. Impact on Company Operations - The equity changes are not expected to result in significant alterations to the company's main business structure or have a major impact on its normal operations [8].