JIANGTE MOTOR(SZ:002176) Zheng Quan Zhi Xing·2025-07-28 16:50Summary of Key Points Core Viewpoint - The equity transfer agreement between Jiangxi Special Electric Motor Co., Ltd. and Beijing Wubai Yingli Technology Co., Ltd. signifies a change in the actual controllers of the company, enhancing management efficiency and potential growth in the renewable energy sector [1][8]. Group 1: Equity Transfer Overview - The controlling shareholder of Jiangxi Special Electric Motor Co., Ltd. is Jiangxi Jiangte Electric Group Co., Ltd., with the actual controllers being Zhu Jun and Lu Shunmin, who hold 14.12% of the shares [1]. - Zhu Jun and Lu Shunmin transferred 25% of their shares in Jiangxi Jiangte Industrial Co., Ltd. to Wubai Yingli Technology, resulting in Wubai Yingli holding 50% of Jiangxi Jiangte Industrial [2][3]. - The total transfer amount is 31.5 million yuan, with each party receiving 15.75 million yuan for their respective shares [2]. Group 2: Agreements and Control Structure - An "Action in Concert Agreement" was signed between Wang Xin and Zhu Jun, ensuring unified decision-making in the management of Jiangxi Jiangte Industrial, Jiangxi Jiangte Electric, and Jiangxi Special Electric Motor [2][6]. - A "Voting Rights Delegation Agreement" was established, allowing Lu Shunmin to delegate his voting rights to Zhu Jun for the shares he holds [3][4]. - Post-transfer, the actual controllers will be Wang Xin and Zhu Jun, while Lu Shunmin will maintain a voting rights relationship with Zhu Jun [2][3]. Group 3: Impact on Company Development - Wang Xin's expertise in the renewable energy sector aligns with Jiangxi Special Electric Motor's strategic direction, potentially enhancing the company's operational efficiency and profitability [8]. - Zhu Jun's longstanding leadership and strategic vision are expected to continue driving the company forward, leveraging historical opportunities in the industry [8]. - The collaboration between Wang Xin and Zhu Jun is anticipated to optimize resource allocation and improve the company's overall strength and profitability [8].