Core Viewpoint - The article discusses the share transfer agreement between Jianghua Microelectronics (江化微) and Shanghai Fuxun Technology (上海福迅科技), which will result in a change of control for the company, with significant implications for its governance and shareholder structure [1][4]. Group 1: Share Transfer Agreement - Jianghua Microelectronics' controlling shareholder, Zibo Xingheng Tusheng Holdings, signed a share transfer agreement with Shanghai Fuxun Technology to transfer 92.3823 million shares at a price of 20 RMB per share, totaling 1.848 billion RMB, representing 23.96% of the company's total share capital [1]. - Following the completion of this share transfer, the controlling shareholder will change from Zibo Xingheng Tusheng to Shanghai Fuxun Technology, and the actual controller will shift from the Zibo Municipal Finance Bureau to the Shanghai State-owned Assets Supervision and Administration Commission [1]. Group 2: Stock Resumption - Jianghua Microelectronics' stock is set to resume trading on January 20, 2026, after being suspended since January 19, 2026 [3]. - The company has received commitments from Shanghai Fuxun Technology to maintain its independence, avoid competition, and regulate related transactions, ensuring that the share transfer will not affect the company's normal operations or harm the interests of minority shareholders [3]. Group 3: Market Context - Prior to the suspension on January 12, 2026, Jianghua Microelectronics' stock price reached a limit-up of 21.41 RMB per share, with a total market capitalization of 8.26 billion RMB [5].