Xin Lang Cai Jing·2025-11-14 08:46Core Viewpoint - The company announced that its subsidiary, Southern Company, will transfer up to 25 million shares of Aviation Power to its controlling shareholder, China Aviation Power, through a block trade [1] Group 1: Company Actions - The board of directors approved the transfer of shares at the tenth meeting of the eleventh session on November 14, 2025 [1] - Southern Company currently holds 18.12 million shares of Aviation Power, accounting for 13.78% of the total share capital [1] Group 2: Financial Performance - Aviation Power reported a revenue of 5.481 billion yuan and a net profit of 755 million yuan for the year 2024 [1] - For the first nine months of 2025, the company achieved a revenue of 3.968 billion yuan and a net profit of 405 million yuan [1] Group 3: Transaction Details - The share transfer does not constitute a major asset restructuring [1] - There are risks associated with the transaction, including the possibility of it not being implemented or fully executed due to market price fluctuations [1]