XYGF(SZ:300159)2022-12-03 09:08Group 1: Share Transfer Details - The major shareholders will transfer 172,612,005 shares (11.5819% of total equity) to Xinyuhua Control, which will help resolve shareholder debt issues and stabilize creditor relations [1][2] - The estimated transfer price is 10.4 billion RMB, equivalent to 7 RMB per share, with the actual transfer price for shareholder Zhou Weihua expected to be slightly higher [4] Group 2: Company Performance and Commitments - The company commits to a non-net profit of no less than 4.5 billion RMB for 2019, 5 billion RMB for 2020, and 6.6 billion RMB for 2021 [1] - The company is currently operating normally, and the share transfer will not affect its regular production and operations [2][3] Group 3: Future Business Prospects - The company is expanding its military product market and collaborating with various aviation institutes, aiming to capture a larger share of the domestic large aircraft market [3] - The company is also actively engaging in the marine equipment sector and has been included in key supplier lists for rail transit projects [3] Group 4: Financial Implications - Approximately 75% of the company's net profit is derived from government subsidies, which generally account for about 6% of operating profit (non-net profit) [5]