The actual controller of Taiji shares is planned to be changed to Hubei Provincial State-owned Assets Supervision and Administration Commission, and the stock will resume trading tomorrow.

On the evening of June 19, Hubei Taiji Semiconductor Co., Ltd. announced that the actual controller Xing Yan and 29 other individuals transferred 5,767,590 shares of Xiangyang Xinyiyuan Semiconductor Co., Ltd. to Changjiang Industrial Group, and entrusted the voting rights corresponding to the remaining 11,485,010 shares of Xinyiyuan held by them to Changjiang Industrial Group exclusively, free of charge, and irrevocably within the voting rights entrusted period. At the same time, they pledged the remaining 11,485,010 shares of Xinyiyuan held by them to Changjiang Industrial Group. After this equity change, Changjiang Industrial Group became the controlling shareholder of Xinyiyuan, thereby acquiring control of the listed company and becoming the indirectly controlling shareholder of the listed company. After this equity change, the number of shares held by Xinyiyuan in the listed company remained unchanged, and the controlling shareholder of the company is still Xinyiyuan. Changjiang Industrial Group controls 62,258,000 shares with voting rights in the company, and the actual controller of the company has changed from Xing Yan to the Hubei Provincial State-owned Assets Supervision and Administration Commission. The company's stock will resume trading from the market open on June 20th.