Group 1 - The core point of the article is the internal transfer of state-owned assets among companies under the Chongqing State-owned Assets Supervision and Administration Commission, aimed at optimizing the equity structure and enhancing operational synergy for Chongqing Construction [1][3] - Chongqing Expressway Group's shareholding in Chongqing Construction will decrease from 27.69% to 14.74%, while Chongqing Urban Investment Group's shareholding will increase from 2.97% to 10.97%, and Chongqing Real Estate Group will hold 4.95% for the first time [1][3] - The share transfer has been formally approved by the Chongqing State-owned Assets Supervision and Administration Commission, and the next steps include compliance confirmation with the Shanghai Stock Exchange and registration with the China Securities Depository and Clearing Corporation [1][3] Group 2 - The share transfer is part of the implementation of decisions made by the Chongqing municipal government to support the transformation and high-quality development of Chongqing Construction [1]

Core Viewpoint - Chengdu Xingshu Investment Development Co., Ltd. plans to transfer its entire 8.23% stake in Sichuan Furong Technology Co., Ltd. to a wholly-owned subsidiary of the Chongzhou State-owned Assets Supervision and Administration Bureau, which will not change the company's controlling shareholder or actual controller [2][3]. Group 1: Basic Information of the Transfer - Xingshu Investment currently holds 82,096,871 shares of Sichuan Furong Technology, representing 8.23% of the total share capital [2][3]. - The transfer is an internal transfer of state-owned assets and will not trigger a mandatory tender offer [2][3]. Group 2: Impact on Company Structure - After the transfer, Shuzhou Xingye will directly hold 82,096,871 shares, maintaining the same percentage of 8.23% of the total share capital, while Xingshu Investment will no longer hold any shares [5][6]. - The controlling shareholder and actual controller of the company will remain unchanged, with Fujian Nanping Aluminum Co., Ltd. as the controlling shareholder and Fujian State-owned Assets Supervision and Administration Commission as the actual controller [3][6]. Group 3: Compliance and Future Actions - The transfer has been approved by the Chongzhou State-owned Assets Supervision and Administration Bureau, and a transfer agreement has been signed [3][7]. - The company will continue to fulfill its disclosure obligations in accordance with relevant laws and regulations [7].