---
title: "JIANGSU YANGDIAN SCIENCE&TECHNOLOGY: Control may change, resuming trading on July 16"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/248644161.md"
description: "JIANGSU YANGDIAN SCIENCE&TECHNOLOGY announced that controlling shareholder Cheng Junming and shareholder Zhao Henglong, who holds more than 5% of the shares, signed a share transfer agreement with Hantang Cloud Intelligence. Zhao Henglong will transfer 17,808,280 shares, and Cheng Junming will transfer 25,522,956 shares after the lock-up period. Cheng Junming agreed to waive the voting rights of 53,508,000 shares. After the transaction is completed, Hantang Cloud Intelligence will acquire control of the company. The company's stock will resume trading on July 16, 2025"
datetime: "2025-07-15T14:44:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/248644161.md)
  - [en](https://longbridge.com/en/news/248644161.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/248644161.md)
---

# JIANGSU YANGDIAN SCIENCE&TECHNOLOGY: Control may change, resuming trading on July 16

According to the Zhitong Finance APP, JIANGSU YANGDIAN SCIENCE&TECHNOLOGY (301012.SZ) announced that the company's controlling shareholder and actual controller, Mr. Cheng Junming, and Mr. Zhao Henglong, a shareholder holding more than 5% of the shares, signed a "Share Transfer Agreement regarding Jiangsu Yangdian Technology Co., Ltd." with Sichuan Hantang Cloud Intelligence Technology Co., Ltd. (referred to as "Hantang Cloud Intelligence"). At the same time, Mr. Cheng Junming signed a "Voting Rights Waiver Agreement regarding Jiangsu Yangdian Technology Co., Ltd." with Hantang Cloud Intelligence. Mr. Zhao Henglong intends to transfer 17,808,280 shares of ordinary shares of the listed company (accounting for 9.04% of the total share capital of the listed company, hereinafter referred to as "Phase I Target Shares") to Hantang Cloud Intelligence. It is also agreed that after the lock-up period of the shares held by Mr. Cheng Junming expires, he intends to transfer 25,522,956 shares of the listed company (accounting for 12.96% of the total share capital of the listed company) to Hantang Cloud Intelligence. At that time, Mr. Cheng Junming and Hantang Cloud Intelligence shall negotiate and determine the transfer price of the Phase II Target Shares in accordance with the relevant regulations of the China Securities Regulatory Commission and the Shenzhen Stock Exchange, and sign the Phase II Target Shares Transfer Agreement. Additionally, from the date of the transfer of the Phase I Target Shares to the buyer, Mr. Cheng Junming agrees to waive the voting rights corresponding to 53,508,000 shares he holds (accounting for 27.17% of the total share capital of the listed company). The waiver period for voting rights is from the date of transfer of the Phase I Target Shares until the completion of the transfer of the Phase II Target Shares. If this transaction or the transfer of the Phase II Target Shares cannot be implemented, the aforementioned waiver of voting rights will be automatically lifted. After the completion of this transaction, the buyer will obtain control of the company.

In addition, the company's stock will resume trading on July 16, 2025 (Wednesday) at the opening of the market

### Related Stocks

- [301012.CN](https://longbridge.com/en/quote/301012.CN.md)

## Related News & Research

- [PharmEasy's parent has a new playbook: Profit first, growth second](https://longbridge.com/en/news/286890424.md)
- [India's lifeline ferry across strategic archipelago](https://longbridge.com/en/news/286716580.md)
- [China's top flash-memory chipmaker YMTC begins pre-IPO coaching talks with investment bank](https://longbridge.com/en/news/286879811.md)
- [Strix Discloses Trust-Led Share Tender by Non-Executive Director](https://longbridge.com/en/news/286884952.md)
- [Malaysia’s IC firm SkyeChip jumps in IPO debut](https://longbridge.com/en/news/287034420.md)