Gaozheng Mining Explosives (002827.SZ): The controlling shareholder plans to change to Tibet Geological Mineral Group.

Zhitong Finance APP news, Gaoneng Min Explosives (002827.SZ) announced that, based on the notice issued by the State-owned Assets Supervision and Administration Commission of the Tibet Autonomous Region regarding the free transfer of relevant state-owned shares held by Tibet Construction Engineering and Materials Group Co., Ltd., the Construction Group will transfer its controlling shares of 94.1956 million shares (accounting for 34% of the total equity of the company) to Tibet Geological and Mineral Group Co., Ltd. free of charge. After this transfer, the Geological and Mineral Group will hold 94.1956 million shares of the company, accounting for 34% of the total share capital, becoming the controlling shareholder of the company; the Construction Group will hold 64.7854 million shares of the company, accounting for 23.38% of the total share capital. The actual controller of the company remains the State-owned Assets Supervision and Administration Commission of the Tibet Autonomous Region.