河化股份：控股股东拟转让23.76%股份，控制权或变更

Core Viewpoint - The announcement indicates a significant change in the ownership structure of Hehua Co., with the controlling shareholder, Yinyi Holdings, planning to transfer 87 million shares (23.76% of total equity) and all receivables to Zhongzhe Ruihe, pending completion of the transaction [1] Group 1: Transaction Details - Yinyi Holdings and Zhongzhe Ruihe signed an asset transfer agreement on September 9, 2025, for the transfer of shares and receivables [1] - The transaction has received consent from the pledgee, and a supplementary agreement has been signed [1] - The Shenzhen Stock Exchange has completed compliance confirmation, and Zhongzhe Ruihe has paid 355 million yuan for the equity transfer [1] Group 2: Ownership Changes - If the transaction is completed, the controlling shareholder will change to Zhongzhe Ruihe, and the actual controller will shift from Xiong Xuqiang to Yang Herong [1] - The completion of the transfer and the timeline remain uncertain [1]