HFCC(SZ:002806) Shang Hai Zheng Quan Bao·2025-11-28 18:46Core Viewpoint - Guangdong Huafeng New Energy Technology Co., Ltd. is undergoing a change in control, with significant implications for its ownership structure and governance, as the current controlling shareholder, Tan Guoying, has signed a share transfer agreement with Chen Yun, which may lead to a change in the company's actual controller [4][10][12]. Group 1: Control Change Overview - The company has received notification from its controlling shareholder, Tan Guoying, regarding the signing of a share transfer intention agreement with Chen Yun, which may result in a change of control [3]. - The company's stock was suspended from trading on November 24, 2025, due to the uncertainty surrounding the control change, with an initial expected suspension of no more than two trading days [3]. - The stock will resume trading on December 1, 2025, following the completion of necessary approvals and procedures [7]. Group 2: Transaction Progress - On November 28, 2025, a share transfer agreement was signed, wherein Tan Guoying will transfer a total of 34,000,000 shares (16.00% of total share capital) to Chen Yun [4][12]. - The first phase of the share transfer involves 10,700,000 shares (5.04% of total share capital) at a price of 15 RMB per share, totaling 160,500,000 RMB [5][12]. - Following the initial transfer, a subsequent transfer of 23,300,000 shares will occur between November 23, 2026, and January 31, 2027, contingent upon regulatory compliance [13][16]. Group 3: Voting Rights Delegation - Tan Guoying has also signed a voting rights delegation agreement, granting Chen Yun the irrevocable right to exercise voting rights for an additional 32,100,720 shares (15.11% of total share capital) [6][17]. - This delegation will create a concerted action relationship between Tan Guoying and Chen Yun during the delegation period [6][17]. Group 4: Future Implications - If the share transfer and voting rights delegation are successfully completed, Chen Yun will become the controlling shareholder, replacing Tan Guoying as the actual controller of the company [6][12][17]. - The transaction aims to introduce a professional investor who recognizes the company's value and future prospects, thereby supporting the company's high-quality development [18].