Kuangda Technology (002516.SZ) is planning to change its controlling shareholder. It is estimated that the trading halt will not exceed 2 trading days.

Zhtng Cijng APP News, Kungd Kj (002516.SZ) issued an announcement that on August 30, 2025, the company received a notification from its controlling shareholder and actual controller, Mr. Shen Jieliang, stating that he is planning to transfer the company's shares he holds. Mr. Shen Jieliang intends to transfer his approximately 26%-29% of the total share capital of the company to a certain state-owned holding company, and this share transfer may result in a change in the company's control.