---
title: "NANFANG BLACK SESAME is planning to change its control rights, and the expected suspension period will not exceed 2 trading days"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/251377323.md"
description: "NANFANG BLACK SESAME announced that its controlling shareholder, Black Five Categories Group, plans to transfer approximately 20% of its shares, which may lead to a change in the company's control. This matter requires the fulfillment of agreement transfer procedures and approval from relevant departments. The company's stock will be suspended from trading starting August 4, 2025, with the suspension expected to last no more than 2 trading days"
datetime: "2025-08-04T04:02:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/251377323.md)
  - [en](https://longbridge.com/en/news/251377323.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/251377323.md)
---

# NANFANG BLACK SESAME is planning to change its control rights, and the expected suspension period will not exceed 2 trading days

According to the announcement from Zhitong Finance APP, NANFANG BLACK SESAME (000716.SZ) stated that after the market closes on August 1, 2025, it received a notice from its controlling shareholder, Heiwulei Group, which is planning to transfer its shares in the company. Heiwulei Group intends to transfer approximately 20% of its shares, which account for about 20% of the company's total share capital, to a state-owned enterprise in the Guangxi Zhuang Autonomous Region engaged in cultural tourism and the health industry. This share transfer may lead to a change in the company's control. The equity change matters still need to go through the relevant procedures for agreement transfer and require approval from competent authorities such as state-owned asset supervision and administration. Currently, the parties involved are discussing and negotiating specific transaction plans, agreements, and related matters, but no relevant agreements have been signed yet. The specific situation will be subject to the agreements signed by the parties.

After applying to the Shenzhen Stock Exchange, the company's stock will be suspended from trading starting from August 4, 2025, and the suspension is expected to last no more than 2 trading days

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