China High-Tech: The indirect controlling shareholder will change to Yangtze Semiconductor, and the stock will resume trading.

date
20/12/2025
China High-Tech announced on the evening of December 19 that on December 19, 2025, the company received notice that its indirect controlling shareholder, New Founder Holding Development Co., Ltd., signed a share transfer agreement with Hubei Changjiang Shiyu Xingji Semiconductor Co., Ltd., agreeing to transfer 100% of the equity of Founder International Education Consulting Co., Ltd. held by New Founder Group to Changjiang Semiconductor. Since Founder International Education directly holds 117,482,984 unrestricted circulating shares of the company, accounting for 20.03% of the total share capital of the company, if the equity transfer is completed, the company's indirect controlling shareholder will change to Changjiang Semiconductor, and the actual controller of the company will change to Dongyang People's Government State-owned Assets Supervision and Administration Office, Sun Weijia, Liang Meng, He Yifan, Cao Long. The company's stock will resume trading starting on December 22, 2025.