Nantong Chaoda Equipment (301186.SZ): Nanjing Youxu will become the controlling shareholder, and trading will resume on February 26th.

Nantong Chaoda Equipment (301186.SZ) issued an announcement on February 25, 2025, stating that the company's controlling shareholder, Feng Jianjun, had respectively signed a "Share Transfer Agreement" with Nanjing Youxu Enterprise Management Co., Ltd. (referred to as "Nanjing Youxu"), Jinan Quanxing Huaneng Investment Partnership Enterprise (Limited Partnership) (referred to as "Jinan Quanxing"), and Qingdao Haiqinghuichuang Innovative Technology Service Partnership Enterprise (Limited Partnership) (referred to as "Qingdao Haiqing"). Nanjing Youxu, Jinan Quanxing, and Qingdao Haiqing intend to respectively agree to acquire 23,300,000 shares, 5,425,845 shares, and 4,703,755 shares held by Feng Jianjun in Nantong Chaoda Equipment, with the proposed number of shares to be acquired accounting for 29.32%, 6.83%, and 5.92% of the total share capital of Nantong Chaoda Equipment, respectively. On the same day, Feng Jianjun, the company's controlling shareholder, signed a "Voting Rights Waiver Agreement" with Nanjing Youxu. According to the provisions of the "Voting Rights Waiver Agreement", starting from the date when the target shares specified in the "Share Transfer Agreement" signed by Feng Jianjun and Nanjing Youxu are transferred and registered, Feng Jianjun will waive the voting rights corresponding to all the remaining legal shares he holds (a total of 11,570,400 shares). After the completion of this transaction, Feng Jianjun and his concerted action person, Feng Feng, will jointly hold 6.29% of the company's voting rights. There is no affiliation between Nanjing Youxu, Jinan Quanxing, and Qingdao Haiqing. If the share transfer is successfully implemented, Nanjing Youxu will become the company's controlling shareholder, and Nanjing Youxu's common actual controllers, Chen Cunyou, Chen Hao, Chen Jiao, and Ni Xianglian, will become the company's common actual controllers. The company's stock (securities code: 301186, securities abbreviation: Nantong Chaoda Equipment) and convertible corporate bonds (bond code: 123187, bond abbreviation: Chaoda convertible bonds) will resume trading from February 26, 2025 (Wednesday).