xinyaqiang(SH:603155) Sou Hu Cai Jing·2025-11-25 14:11Core Viewpoint - XinYaqiang Silicon Chemical Co., Ltd. will have its actual controller changed to the Handan State-owned Assets Supervision and Administration Commission following a share transfer agreement, leading to a significant stock price increase [1][4]. Group 1: Share Transfer Details - On November 24, 2023, XinYaqiang's controlling shareholder, Chu Lin, signed a share transfer agreement to transfer 94.42 million shares to Handan City Chengxin Equity Investment Fund, which is controlled by the Handan State-owned Assets Supervision and Administration Commission [1][3]. - After the transfer, Chengxin Fund will hold 29.90% of XinYaqiang's total shares, while Chu Lin and her co-acting party, Chu Yajun, will hold 17.61% [3]. Group 2: Financial Implications - The share transfer was conducted at a premium, with the total transfer price set at 1.96 billion CNY, translating to 20.76 CNY per share, which is a 15% premium over the closing price of 18.02 CNY on the day of the announcement [4]. - XinYaqiang reported a revenue of 451 million CNY for the first three quarters of the year, a year-on-year decrease of 19.05%, and a net profit of 78.85 million CNY, down 20.39% year-on-year, attributed to market demand adjustments and price declines [6]. Group 3: Company Background - XinYaqiang primarily engages in the production of organic silicon fine chemicals, including functional additives and phenyl chlorosilane, which are used in emerging industries such as organic silicon new materials, pharmaceuticals, electronic chemicals, and new energy [5].