Potential Future Change in Indirect Controlling Shareholder for Great Wall Military

2025-06-05 / Read about 0 minute

Author：小编

China South Industries Group Corporation (CSGC) is set to undergo a restructuring, with its automotive division emerging as a standalone central enterprise. The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) will assume the role of investor for this new entity. Following the split, the equity of CSGC will be integrated into China North Industries Group Corporation Limited. Great Wall Military has disclosed that this restructuring may lead to a change in its indirect controlling shareholder; however, the ultimate controller of the company will remain unchanged. The planned split and reorganization are not anticipated to significantly affect the company's ongoing production and business operations.

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