Core Viewpoint - Longwing Aviation Technology (00918) has received a notification from Always Profit Development Limited regarding a potential sale of shares, with indicative pricing set at approximately HKD 0.5475 per share [1] Group 1: Company Announcement - The board of Longwing Aviation Technology has been informed about a non-binding letter of intent for the potential sale of shares held by its controlling shareholder, Mr. Zhang Jinbing, who owns approximately 5.27 billion shares, representing about 47.32% of the company's issued shares [1] - The potential buyer is Beijing Qichen Investment Management Co., a venture capital management company established in 2019, which focuses on advanced manufacturing, commercial aerospace, advanced materials, and other sectors [1] Group 2: Sale Conditions - The actual number of shares to be sold will depend on the due diligence conducted by the potential buyer, the formal share purchase agreement to be established, and applicable regulatory approvals [2] - The letter of intent is non-binding and includes clauses regarding exclusivity, confidentiality, costs and expenses, termination, and regulatory laws, with the exclusivity clause set to expire on July 31, 2026 [2]