XHW(SH:603888) Sou Hu Cai Jing·2025-09-19 14:50Core Points - Xinhua Net (603888) closed at 19.79 yuan on September 19, 2025, with a market capitalization of 13.353 billion yuan, reflecting a 0.36% increase from the previous trading day [1] - The stock opened at 19.68 yuan, reached a high of 19.87 yuan, and a low of 19.66 yuan, with a trading volume of 1.19 billion yuan and a turnover rate of 0.89% [1] - The company announced that its controlling shareholder, Xinhua News Agency, will transfer 264,679,740 shares (51.00% of total shares) to its wholly-owned subsidiary, Xinhua Investment Holdings Co., Ltd., without compensation [1] - The share transfer agreement has been signed and approved by the State Administration of State Assets and the Ministry of Finance [1] - The company has been disclosing related announcements since June 13, 2025, and is monitoring the progress of the share transfer procedures as per the regulations [1]