--- title: "YBTY: Approval granted for the free transfer of state-owned equity" type: "News" locale: "en" url: "https://longbridge.com/en/news/252621246.md" description: "YBTY announced that one of its controlling shareholders, the concerted actor Yuanling Investment, will transfer 14.3266 million shares of YBTY it holds to Hongrong Group without compensation. This transfer has obtained approval from the competent authority and will not result in a change in the company's controlling shareholder or actual controller, nor will it affect the shareholding ratio of the controlling shareholder and its concerted actors" datetime: "2025-08-12T08:02:20.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/252621246.md) - [en](https://longbridge.com/en/news/252621246.md) - [zh-HK](https://longbridge.com/zh-HK/news/252621246.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/252621246.md) | [繁體中文](https://longbridge.com/zh-HK/news/252621246.md) # YBTY: Approval granted for the free transfer of state-owned equity YBTY announced that one of its controlling shareholders, the concerted actor Yuanling Investment, will transfer 14.3266 million shares of YBTY it holds to Hongrong Group without compensation. This transfer has obtained approval from the competent authority and will not lead to changes in the company's controlling shareholder or actual controller, nor will it affect the shareholding ratio of the controlling shareholder and its concerted actors ### Related Stocks - [YBTY (002386.CN)](https://longbridge.com/en/quote/002386.CN.md) ## Related News & Research - [Vietnam asks Japan, South Korea for help in crude oil access](https://longbridge.com/en/news/279200670.md) - [TABLE-Asian physical rubber prices - March 16](https://longbridge.com/en/news/279223210.md) - [BYD mulls new plant in Canada – and the acquisition of a global carmaker](https://longbridge.com/en/news/279256751.md) - [Swire Pacific (SEHK:19) One Off HK$6.7b Loss Tests Bullish Earnings Growth Narrative](https://longbridge.com/en/news/279080849.md) - [China's GEM says no permit revocation at Indonesia nickel JV after landslide](https://longbridge.com/en/news/279378316.md)