Guizhou Gas(SH:600903) Zheng Quan Ri Bao·2025-12-16 23:19Core Viewpoint - The shareholders of Guiyang Industrial Investment Co., Ltd. plan to transfer a total of 82.6529% of their shares to Guizhou Provincial Development Co., Ltd. through a share transfer agreement, which is pending regulatory approval [35][37]. Group 1: Shareholder Information - The transferring parties include Guiyang Industrial Development Holding Group Co., Ltd., Guiyang Foreign Trade Development Group Co., Ltd., and Guiyang Mineral Energy Investment Group Co., Ltd. [38][39]. - The receiving party, Guizhou Provincial Development Co., Ltd., was established on March 4, 2024, with a registered capital of 10 billion RMB [38]. Group 2: Financial Details - The total transaction price for the share transfer is set at 10 billion RMB, based on an assessed value of 12.098 billion RMB for the target company's equity as of September 30, 2025 [49][20]. - The payment structure includes an initial payment of at least 40% of the transaction price, with the remainder to be settled based on bank loan arrangements [49]. Group 3: Purpose of the Share Transfer - The transaction aims to address structural issues in the industrial sector of Guizhou Province, enhancing industrial modernization and resource integration [13]. - Guizhou Provincial Development Co., Ltd. seeks to improve the industrial layout of the province and support the development of key industrial projects [14]. Group 4: Impact on Company Structure - The share transfer will not change the controlling shareholder or actual controller of Guizhou Gas Group Co., Ltd., nor will it significantly impact the company's daily operations and management [35][55]. - Following the completion of the share transfer, the controlling shareholder of Guiyang Industrial Investment Co., Ltd. will change to Guizhou Provincial Development Co., Ltd. [54].