The actual controller of XIIC will change to Feng Xianzhong
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XIIC announced that Mr. Feng Jianfang will transfer 100% equity of Xinjiang Rongneng Investment Development Co., Ltd. to his brother Feng Xianzhong. Upon completion of the transfer, Feng Xianzhong will become the controlling shareholder of Xinjiang Rongneng and will indirectly control 22.82% of the shares of the listed company, with the actual controller changing to Feng Xianzhong
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