---
title: "GS's controlling shareholder plans to change to Suhao Holdings and will resume trading from April 2"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/234064725.md"
description: "GS's controlling shareholder, Hongdou Group, intends to transfer its 24.50% stake to Suhao Holdings, with a total transaction price of RMB 2,118,473,251.20. After this change, the controlling shareholder will be changed from Hongdou Group to Suhao Holdings, and the actual controller will be changed to the Jiangsu Provincial Government State-owned Assets Supervision and Administration Commission. The company's stock will resume trading on April 2, 2025"
datetime: "2025-04-01T13:01:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/234064725.md)
  - [en](https://longbridge.com/en/news/234064725.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/234064725.md)
generator: "portal-rs"
---

# GS's controlling shareholder plans to change to Suhao Holdings and will resume trading from April 2

According to the announcement from GS (601500.SH), the company's controlling shareholder, Hongdou Group, signed a Share Transfer Agreement with Jiangsu Suhao Holding Group Co., Ltd. (referred to as "Suhao Holding") on April 1, 2025. Hongdou Group intends to transfer its 389,425,230 shares of GS (referred to as "Target Shares") to Suhao Holding, accounting for 24.50% of the company's total share capital. The total transfer price for the Target Shares is RMB 2,118,473,251.20. After the completion of this transaction, the company's controlling shareholder will change from Hongdou Group to Suhao Holding, and the actual controllers will change from Zhou Haijiang, Zhou Haiyan, Gu Cui, and Liu Lianhong to the State-owned Assets Supervision and Administration Commission of Jiangsu Province.

In order to protect the interests of all investors, in accordance with the relevant regulations such as the Shanghai Stock Exchange Listing Rules and the Shanghai Stock Exchange Self-Regulatory Guidelines No. 4 - Suspension and Resumption of Trading, the company has applied to the Shanghai Stock Exchange for the resumption of trading of its shares, which will resume on April 2, 2025 (Wednesday) at the market opening

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**