Core Viewpoint - The announcement by Xiangyang Bearing indicates a significant change in its ownership structure, with the controlling shareholder, Sihuan Group, transferring its shares back to the Hubei Provincial State-owned Assets Supervision and Administration Commission and Changjiang Automotive, which will not trigger a mandatory offer [1][2][4]. Group 1 - Xiangyang Bearing's stock price is 15.87 yuan, with a total market value of 7.294 billion yuan [1]. - Sihuan Group's 69.979% and 29.991% shares were returned to Hubei Provincial State-owned Assets Supervision and Administration Commission and Changjiang Automotive, respectively, on December 26, 2025 [1][2]. - The transfer of shares was executed following a court ruling related to a fraud case involving Wuhan Jinfeng Jewelry, which had previously acquired Sihuan Group's shares using fraudulent funds [1][5]. Group 2 - Following the share transfer, Hubei Provincial State-owned Assets Supervision and Administration Commission issued a notification on December 26, 2025, transferring 64.599% of Sihuan Group's shares to Changjiang Industrial Investment Group, which indirectly controls 45.03% of Xiangyang Bearing [2][4]. - The announcement states that the changes in ownership structure comply with the regulations allowing for exemption from mandatory offers under specific circumstances [4]. - Xiangyang Bearing's operations are primarily focused on the production, research, and sales of bearings and related components, particularly automotive bearings [5].
控股股东三环集团股权无偿划转免于要约 襄阳轴承实控权再度回归湖北省国资委