Core Viewpoint - Longwing Aviation Technology (00918) is in the process of a potential share transfer involving its controlling shareholder Zhang Jinbing, who holds approximately 5.27 billion shares, representing about 47.32% of the company's issued shares. The potential buyer is Beijing Qichen Investment Management Co., Ltd., with a indicative price of approximately HKD 0.5475 per share [1][2]. Group 1 - The controlling shareholder Zhang Jinbing has notified the board of Longwing Aviation about the potential sale of shares [1]. - The potential buyer, Beijing Qichen Investment Management Co., Ltd., is a venture capital management company established in 2019, focusing on advanced manufacturing, commercial aerospace, and other sectors [1]. - The indicative price for the shares is set at approximately HKD 0.5475 per share [1]. Group 2 - The actual number of shares to be sold will depend on the due diligence conducted by the potential buyer and the formal share purchase agreement to be established [2]. - The letter of intent is non-binding and includes clauses regarding exclusivity, confidentiality, costs, and regulatory approvals [2]. - The exclusivity clause will expire on July 31, 2026 [2].

Group 1 - The commercial aviation sector is recognized as having a massive scale, indicating significant market potential [1] - There is a reasonable possibility for various parties to agree on reducing tariffs within the commercial aviation industry [1]