Zhong Guo Ji Jin Bao·2025-09-26 02:07Core Viewpoint - Tianqi Mould's actual controller is set to change to Urumqi State-owned Assets, following the termination of the previous agreement with Anhui Chaocheng New Materials Technology Co., Ltd. and the signing of a new share transfer agreement with Xinjiang Jianda Fanyu Industrial Investment Fund Partnership [1][9]. Group 1: Share Transfer Agreement - On September 24, Tianqi Mould's controlling shareholders signed a share transfer agreement with Xinjiang Jianda Fanyu, intending to transfer a total of 162 million shares, representing 15.94% of the company's total equity [3][6]. - The agreed transfer price is 6.364 CNY per share, totaling approximately 1.03 billion CNY [8]. - If the transaction is approved and completed, the controlling shareholder will change to Jianda Fanyu, and the actual controller will be the Urumqi Economic and Technological Development Zone State-owned Assets Supervision and Administration Commission [8]. Group 2: Termination of Previous Agreement - The previous share transfer intention agreement with Anhui Chaocheng was terminated due to the inability to reach consensus on share quantity, payment methods, and funding sources [9][12]. - The agreement with Anhui Chaocheng was signed on July 9, 2024, for the same number of shares (162 million), which represented 17.17% of the company's total equity at that time [12]. Group 3: Historical Context of Control Changes - This marks the fourth attempt at a change of control for Tianqi Mould since 2020, with previous attempts involving different parties, including state-owned enterprises and private companies [13][14]. - The controlling shareholders, consisting of eight natural persons, are motivated to sell control due to age considerations, with the oldest born in 1948 and the youngest in 1970 [15]. Group 4: Company Performance - Tianqi Mould is a leading enterprise in the domestic automotive mould industry, established in 1996 and listed in 2010 [15]. - The company reported a revenue of 1.016 billion CNY for the first half of 2025, a decrease of 15.46% year-on-year, and a net profit of 21.90 million CNY, down 78.72% year-on-year [15].