North China Huachuang: The controlling shareholder plans to transfer 2% of the shares to Guoxin Investment for 6.175 billion yuan.

Beijing North Huachuang announced that on December 15, 2025, the company's controlling shareholder Beijing Electric Control signed a "Stock Transfer Agreement" with Guoxin Investment, intending to transfer 14.481773 million shares to Guoxin Investment through a non-public agreement at a price of 426.39 yuan per share, with a total price of 6.175 billion yuan. On December 19, Guoxin Investment received approval from the China Guoxin to accept the transfer. Guoxin Investment promised not to transfer the shares within 12 months after the transfer. This transfer does not result in a change in the controlling shareholder, and it still requires approval from the Beijing SASAC and confirmation from the Shenzhen Stock Exchange, so there is uncertainty regarding whether it can be completed.