GXSH(SZ:000716) Zheng Quan Zhi Xing·2025-08-08 15:17Core Viewpoint - The Southern Black Sesame Group Co., Ltd. is undergoing a significant change in control as its major shareholder, the Black Five Food Group, is transferring 20% of its shares to Guangxi Travel Health Industry Group, resulting in a new actual controller, the Guangxi State-owned Assets Supervision and Administration Commission [1][3][27]. Transaction Overview - The share transfer involves 150,697,910 shares at a price of 6.25 CNY per share, totaling approximately 941.86 million CNY [3][5]. - After the transfer, Black Five Group will hold 10.25% of the company's shares, while Guangxi Travel Health will hold 20% [3][27]. - The transaction is subject to regulatory approvals, including from the State-owned Assets Supervision and Administration Commission and the Market Supervision Administration [27][29]. Parties Involved - The transferor is Guangxi Black Five Food Group Co., Ltd., established in 2001, with a registered capital of 265.28 million CNY [4]. - The transferee is Guangxi Travel Health Industry Group Co., Ltd., established in 2009, with a registered capital of 1.156 billion CNY [4]. Financial Data - Guangxi Travel Health reported total assets of approximately 6.04 billion CNY and a net profit of about 71.61 million CNY as of the latest disclosure [4]. Impact on Company - The change in control is expected to enhance the company's management and resource allocation, potentially improving profitability and market competitiveness [27]. - The transaction is not anticipated to adversely affect the company's ongoing operations or financial status [27][29].