---
title: "The actual controller of KONKA GROUP A will change to China Resources"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/238163959.md"
description: "KONKA GROUP announced that Overseas Chinese Town Group and its concerted actors signed a share transfer agreement without compensation with Panstone RunChuang and HeMao Company. After April 29, 2025, Overseas Chinese Town Group and its concerted actors will no longer hold shares in the company, and Panstone RunChuang and HeMao Company will collectively hold 722 million shares, accounting for 29.999997% of the shareholding. The company's controlling shareholder will change to Panstone RunChuang, the actual controller will change to China Resources Limited, and the ultimate actual controller will still be the State-owned Assets Supervision and Administration Commission of the State Council"
datetime: "2025-04-30T00:29:09.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/238163959.md)
  - [en](https://longbridge.com/en/news/238163959.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/238163959.md)
---

# The actual controller of KONKA GROUP A will change to China Resources

According to the announcement from KONKA GROUP (000016.SZ), on April 29, 2025, OCT Group Co., Ltd. (referred to as "OCT Group") and its concerted parties (OCT Group's wholly-owned subsidiary Shenzhen OCT Capital Investment Management Co., Ltd. and Jialong Investment Co., Ltd.) signed the "Agreement on the Free Transfer of Shares of KONKA Group Co., Ltd." with Panshi Runchuang (Shenzhen) Information Management Co., Ltd. (referred to as "Panshi Runchuang") and Hemao Co., Ltd. (referred to as "Hemao Company").

After this free transfer of shares, OCT Group and its concerted parties will no longer hold shares in the company. Panshi Runchuang and Hemao Company will collectively hold 722 million shares, accounting for 29.999997% of the total shares. The company's controlling shareholder will change to Panshi Runchuang, and the actual controller of the company will change to China Resources Limited (referred to as "China Resources"), with the ultimate actual controller remaining the State-owned Assets Supervision and Administration Commission of the State Council

### Related Stocks

- [000016.CN](https://longbridge.com/en/quote/000016.CN.md)
- [01193.HK](https://longbridge.com/en/quote/01193.HK.md)
- [01515.HK](https://longbridge.com/en/quote/01515.HK.md)
- [200016.CN](https://longbridge.com/en/quote/200016.CN.md)

## Related News & Research

- [Firms planning price hikes tied to tariff changes – economists say](https://longbridge.com/en/news/287235090.md)
- [US probing if China firms cut output of containers before pandemic, says CBS](https://longbridge.com/en/news/286944311.md)
- [Coffee Prices Rebound on Technical Short-Covering](https://longbridge.com/en/news/286941721.md)
- [11:05 ETThe Church of Jesus Christ of Latter-day Saints Commits $25 Million to the UNICEF-led Child Nutrition Fund](https://longbridge.com/en/news/287088476.md)
- [06:06 ETWildlife experts offer seasonal tips to help orphaned or injured baby animals](https://longbridge.com/en/news/287197533.md)