*ST宁科：重整致控股股东拟变更，湖南新合新将入主

Core Viewpoint - The announcement from *ST Ningke indicates that the execution of the restructuring plan will lead to a change in the controlling shareholder and actual controller of the company [1] Summary by Relevant Sections Shareholder Changes - The company will implement a capital reserve increase by converting 6.85 billion shares, resulting in an increase of 13.593 shares for every 10 shares held, raising the total share capital to 1.616 billion shares [1] - After the equity change, Hunan Xinhong will hold 357 million shares, representing 22.10% of the total shares, thus becoming the controlling shareholder, while Liu Xirong will become the actual controller [1] - The original controlling shareholder, Shanghai Zhongneng, will see its shareholding decrease to 12.38% [1] Risks - If the company fails to execute or cannot execute the restructuring plan, there is a risk of being declared bankrupt and delisted [1]