Core Viewpoint - Zhonghuan Environmental Protection (300692.SZ) is planning a change in control, which may lead to a shift in its controlling shareholder and actual controller, Zhang Bozhong, and his concerted action party [1][3]. Group 1: Control Change Announcement - On October 8, Zhonghuan Environmental Protection announced the progress of its control change plan and continued suspension of trading to avoid abnormal stock price fluctuations [1]. - The stock and convertible bonds will remain suspended from trading starting October 9, with an expected suspension period of no more than three trading days [3]. Group 2: Shareholding Structure - As of June 30, 2025, Zhang Bozhong directly holds 15.45% of Zhonghuan Environmental Protection, while Zhongchen Investment, as a concerted action party, holds 12.76% [3]. Group 3: Company Overview - Zhonghuan Environmental Protection is a comprehensive high-tech environmental protection enterprise engaged in R&D, design, investment, construction, and operation, specializing in water treatment, waste incineration power generation, and hazardous waste treatment [5]. - The company was listed in 2017 and is headquartered in Hefei, Anhui, with projects across multiple provinces [5]. Group 4: Financial Performance - For the first half of 2025, Zhonghuan Environmental Protection reported operating revenue of 474 million yuan, a year-on-year increase of 4.84% [6]. - The net profit attributable to shareholders was 44.09 million yuan, up 9.69% year-on-year, while the net profit after deducting non-recurring gains and losses was 40.56 million yuan, an increase of 5.19% [6]. - The net cash flow from operating activities was 41.45 million yuan, reflecting a significant decline of 48.01% compared to the previous year [6].