CHONGQING M&E(02722): The company's indirect controlling shareholder remains Yufu Holdings.
Chongqing Electromechanical (02722) issued an announcement, stating that the company has received notification from its controlling shareholder, Chongqing Electromechanical Group, that they have decided to...
CHONGQING M&E (02722) announced that the company has received notification from its controlling shareholder, CHONGQING M&E Group, that on September 19, 2025, they signed a non-public equity transfer agreement with the original shareholder of the company, Jian Gong Group. Jian Gong Group agreed to transfer all of its 6.30% stake in the company to CHONGQING M&E Group (this transaction). After this transaction is completed, Jian Gong Group will no longer hold any shares in the company, while CHONGQING M&E Group will hold 61.04% of the company's shares. The company's indirect controlling shareholders are still Yu Fu Holdings, and the Chongqing State-owned Assets Supervision and Administration Commission remains the ultimate controlling shareholder of the company.
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