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*ST Huawei: Transition to Jilin SASAC Control; Stock Trading Recommences
3 day ago /
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Author：小编
*ST Huawei has announced that its current controlling shareholder, Shanghai Pengsheng, intends to transfer its 214 million shares (representing 22.32% of the total share capital) to Yadong State-owned Capital Investment Co., Ltd. of Jilin Province. Upon completion of this transaction, Yadong Investment will become the new controlling shareholder, with the actual controller shifting to the State-owned Assets Supervision and Administration Commission (SASAC) of Jilin Province. This strategic move aims to bolster the high-quality development of the semiconductor industry within Jilin Province. Consequently, the company's stock trading will resume on June 26, 2025.
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