FilingReader Intelligence
Loncin Motor stake transferred between state entities
July 21, 2025 at 09:30 AM UTC•By FilingReader AI
Loncin Motor announced that Yufu Capital will transfer its 15.52% stake, or 318,709,695 shares, to Yufu Holdings via a gratuitous transfer.
The move aims to optimize resource allocation and improve state-owned asset operation efficiency. Loncin Motor's controlling shareholder and actual controller will remain unchanged.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
Supplementary Source Documents
Simplified report on changes in equity of Loncin Motor Co., Ltd. (Chongqing Yufu Holding Group Co., Ltd.)July 21, 2025 at 08:00 AM UTC
Longxin General Power Co., Ltd. indicative announcement regarding change in equity of shareholders holding over 5% and gratuitous transfer of sharesJuly 21, 2025 at 08:00 AM UTC
SSE:603766•Shanghai Stock Exchange
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