---
title: "GS: The Jiangsu Provincial State-owned Assets Supervision and Administration Commission will become the actual controller of the company"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/244866411.md"
description: "GS announced that Hongdou Group has transferred 389 million shares of the company to Suhao Holdings through a negotiated transfer, accounting for 24.50% of the company's total share capital, at a transfer price of 5.44 yuan per share, with a total transfer price of 2.118 billion yuan. The share transfer has completed the registration procedures, and Suhao Holdings has become the controlling shareholder of the company, while the Jiangsu Provincial State-owned Assets Supervision and Administration Commission will become the actual controller of the company"
datetime: "2025-06-17T09:24:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/244866411.md)
  - [en](https://longbridge.com/en/news/244866411.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/244866411.md)
generator: "portal-rs"
---

# GS: The Jiangsu Provincial State-owned Assets Supervision and Administration Commission will become the actual controller of the company

GS announced that Hongdou Group has transferred 389 million shares of the company to Suhao Holdings through a negotiated transfer, accounting for 24.50% of the company's total share capital. The transfer price is 5.44 yuan per share, with a total transfer amount of 2.118 billion yuan. The share transfer has completed the registration procedures, and Suhao Holdings has become the controlling shareholder of the company, while the Jiangsu Provincial State-owned Assets Supervision and Administration Commission will become the actual controller of the company

### Related Stocks

- [601500.CN](https://longbridge.com/en/quote/601500.CN.md)

## Related News & Research

- [Trump Wants Beef Prices to Come Down, But GOP Congressman Warns Washington's Import Push Could Pull the ‘Rug Out’ From Ranchers](https://longbridge.com/en/news/297776718.md)
- [Bekaert agrees to transfer Sardinia Macchiareddu tire cord site to Nuova Icom](https://longbridge.com/en/news/297869651.md)
- [iPremom raises €15 million seed round with backing from APEX Ventures](https://longbridge.com/en/news/297742478.md)
- [Frequentis launches new voice communications system at France’s Brest air traffic control center](https://longbridge.com/en/news/297893892.md)
- [23:19 ETCGX Debuts Professional Obstacle Racing Shoes at UIPM 2026 Obstacle World Championships](https://longbridge.com/en/news/297855359.md)

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