Hubei Chaozhuo Aviation Technology (SH:688237) Shang Hai Zheng Quan Bao·2025-12-03 19:55Core Viewpoint - The report outlines the share transfer agreement involving Hubei Chaozhuo Aviation Technology Co., Ltd., where the current shareholders will transfer a total of 18,758,420 shares, representing 20.93% of the company's total share capital, to Jiang Investment Capital, a wholly-owned subsidiary of Jiangtou Group, which is a state-owned enterprise in Hubei Province [8][10][54]. Group 1 - The share transfer agreement was signed on November 28, 2025, and involves three shareholders: Li Guangping, Wang Chunxiao, and Li Yihan [8][55]. - The transfer price is set at 41.16 yuan per share, totaling approximately 772.1 million yuan for the entire transaction [10][54]. - Following the transfer, Jiang Investment Capital will become the controlling shareholder, with the actual control shifting to the Hubei Provincial Government's State-owned Assets Supervision and Administration Commission [8][54]. Group 2 - The purpose of the equity change is to support the company's strategic expansion needs, leveraging Jiang Investment Capital's resources for future financing and mergers [5][53]. - There are no plans for the shareholders to increase or decrease their holdings in the next 12 months, aside from this transaction [6][54]. - The shareholders have committed not to seek control of the company during Jiang Investment Capital's ownership [35][55]. Group 3 - The report confirms that the shares involved in the transfer are not subject to any restrictions such as pledges or freezes [36]. - The transaction is subject to approval from relevant state-owned asset supervision authorities and compliance checks by the Shanghai Stock Exchange [37][56]. - The shareholders have agreed to relinquish their voting rights on the remaining shares they hold for a period of 60 months following the transfer [17][31].