Acquire 5 listed companies within the year, Hubei state-owned assets work together to supplement the chain and strengthen the chain.

Recently, Jingzhou State-owned Assets under Jingjiang Industry proposed a 24.37 billion yuan acquisition plan, intending to acquire 18.66% of the shares of ST Yishite and achieve controlling stake through voting arrangements. This acquisition in the field of new energy power equipment has become the sixth control transaction of listed companies in Hubei State-owned Assets this year. By 2025, in addition to ST Yishite, Hubei Jiaotou Investment Holdings will acquire 20.93% of outstanding shares of Super Aero, Hubei Tourism and Culture Group plans to acquire 29.99% of shares of Junteng Hotel, and Changjiang Industry Investment Group has taken over Kailong and Taiji shares. The five target companies span emerging industries such as new energy, semiconductors, and aerospace, outlining the blueprint for Hubei State-owned Assets to empower industrial upgrading through the capital market. Several experts interviewed stated that Hubei State-owned Assets' intensive actions in the A-share market this year are not a "shopping spree," but a layout around the modern industrial cluster of "5,10,20" in Hubei, by taking over listed companies to help promote industrial upgrading and regional economic development.