AECC Aero-Engine Control announces internal share transfer by major shareholder

AECC Aero-Engine Control Co., Ltd. received notification from its major shareholder, AECC Southern Industrial Co., Ltd., regarding the proposed transfer of 25 million shares, representing 1.9% of the company's total share capital. The transfer, to be conducted via block trade within three months, will be made to AECC, the company's actual controller. This internal transaction among concerted parties will not involve market selling and will not alter the combined shareholding percentage or number of shares held by AECC Aero-Engine Control's controlling shareholder and actual controller.

Prior to this plan, AECC and its concerted parties collectively hold 663,810,091 shares, or 50.47% of the total share capital. Post-transfer, AECC's direct and indirect combined shareholding will remain unchanged at 663,810,091 shares, maintaining its 50.47% stake. The transfer is motivated by AECC Southern's strategic development and management needs.

This transaction will not affect the company's governance structure or ongoing operations, as the controlling shareholder and actual controller's combined shareholding and proportion will not change.