002108 实控人拟变更为广州市国资委！

Core Viewpoint - Cangzhou Mingzhu announced a share transfer agreement with Guangzhou Light Industry, which will change the controlling shareholder and actual controller of the company [2][4]. Group 1: Share Transfer Agreement - On October 15, 2025, Cangzhou Mingzhu's controlling shareholder, Dongsu Group, will transfer 167 million unrestricted circulating shares (10% of total shares) to Guangzhou Light Industry at a price of 4.263 yuan per share, which is a 5% premium over the average trading price of the last 30 trading days [2]. - The agreement is currently in the planning and intention stage, requiring further internal and external approvals, as well as comprehensive due diligence [4]. Group 2: Change of Control - If the share transfer is completed, the controlling shareholder will change from Dongsu Group to Guangzhou Light Industry, and the actual controller will change from Yu Guiting to the Guangzhou State-owned Assets Supervision and Administration Commission [4]. - Guangzhou Light Industry is a state-owned enterprise focusing on daily consumer goods, fashion, and modern services [4]. Group 3: Financial Performance - For the first half of 2025, Cangzhou Mingzhu reported revenue of 1.319 billion yuan, a year-on-year increase of 6.88%, while net profit was 82.81 million yuan, a year-on-year decrease of 6.15% [5]. Group 4: Voting Rights - Dongsu Group and its concerted actions will delegate voting rights corresponding to the remaining 160 million shares (9.58% of total shares) to Guangzhou Light Industry, allowing it to obtain voting rights for a total of 19.58% of the company [6].