Bauing Decoration(SZ:002047) Di Yi Cai Jing·2025-10-24 15:19Core Viewpoint - The announcement details a significant share transfer and capital increase involving *ST Baoying, resulting in a change of control from Zhuhai State-owned Assets Supervision and Administration Commission to Hainan Shitong New Investment Co., Ltd. [1] Group 1: Share Transfer and Ownership Changes - Dahongqin Group signed a conditional share transfer agreement with Hainan Shitong New Investment Co., Ltd., transferring 75,964,060 shares, which represents 5.01% of the total shares of the listed company [1] - After the completion of this equity change, Hainan Shitong will hold 5.01% of the voting rights [1] - The company also signed a subscription agreement with Hainan Shitong, intending to fully subscribe to a new issuance of shares, with a maximum of 423,280,423 shares to be issued [1] Group 2: Post-Transaction Ownership Structure - Following the issuance, Hainan Shitong's total shareholding in the company will increase to 25.74%, including the 5.01% acquired from Dahongqin Group [1] - The change in control will result in the company's controlling shareholder being Hainan Shitong New Investment Co., Ltd., with the actual controllers changing to Fu Xiaoqing and Fu Xiangde [1] - The company's stock will resume trading on October 27, 2025, at the market opening [1]