Chongqing Machinery & Electric announces controlling shareholder restructuring

Chongqing Machinery & Electric Co., Ltd. announced a voluntary change in the shareholding structure of its controlling shareholder, CQMEHG. On September 19, 2025, CQMEHG entered into an agreement to acquire all of CCEG's 6.30% shares in the company.

Following the completion of this transaction, CCEG will cease to hold any shares in the company, while CQMEHG's stake will increase to 61.04%. The ultimate controlling shareholder of the company will remain Chongqing SASAC, with Yufu Holding continuing as the indirect controlling shareholder.