JHM(SH:603078) Zhong Guo Jing Ji Wang·2026-01-20 07:05Core Viewpoint - Jianghua Microelectronics (江化微) has resumed trading with a significant price increase following the announcement of a share transfer agreement that will change its controlling shareholder from Zibo Xingheng Tusheng to Shanghai Fuxun Technology [1][2]. Group 1: Share Transfer Details - Jianghua Microelectronics' controlling shareholder, Zibo Xingheng Tusheng, signed a share transfer agreement with Shanghai Fuxun Technology to transfer 92,382,329 shares at a price of 20 RMB per share, totaling approximately 1.85 billion RMB, which represents 23.96% of the company's total share capital [1]. - The transaction will result in a change of actual control from the Zibo Municipal Finance Bureau to the Shanghai State-owned Assets Supervision and Administration Commission [1]. Group 2: Financial Background - The funds for the share transfer will be sourced entirely from the self-owned capital of Shanghai Fuxun Technology, specifically from the registered capital contributed by its shareholders [2]. - Jianghua Microelectronics has previously raised funds through private placements, including a total of approximately 936.21 million RMB from two rounds of stock issuance in 2020 and 2022 [3][4][5].