Construction industry: The company's controlling shareholder may be changed in the future.
On the morning of June 5th, Construction Industrial announced that on June 4th, 2025, the company received a notice from its controlling shareholder, the Weapons and Equipment Group. The Weapons and Equipment Group received a notice from the State-owned Assets Supervision and Administration Commission of the State Council, which was approved by the State Council, to implement the separation of the Weapons and Equipment Group. The automotive business sector was separated into an independent central enterprise, with the State-owned Assets Supervision and Administration Commission of the State Council fulfilling the role of the investor; the State-owned Assets Supervision and Administration Commission of the State Council will inject the equity of the separated Weapons and Equipment Group into China Ordnance Industry Group Co., Ltd. After the separation and restructuring, there may be changes in the company's controlling shareholder, but the ultimate controlling shareholder remains unchanged. The separation and restructuring will not have a significant impact on the company's normal production and operation activities.
Latest