---
title: "TIMES: The transfer of shares through agreement has completed the registration procedures, and the Guangzhou State-owned Assets Supervision and Administration Commission has become the actual controller of the company"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/258313932.md"
description: "TIMES announced that its controlling shareholder Rugao Xintai Investment Co., Ltd. has signed a share transfer agreement with Guangzhou Light Industry and Trade Group Co., Ltd. to transfer 29.99% of its shares. The share transfer was completed on September 22, 2025, with Guangzhou Light Industry Group becoming the controlling shareholder and the Guangzhou State-owned Assets Supervision and Administration Commission becoming the actual controller"
datetime: "2025-09-22T09:20:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/258313932.md)
  - [en](https://longbridge.com/en/news/258313932.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/258313932.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/258313932.md) | [繁體中文](https://longbridge.com/zh-HK/news/258313932.md)


# TIMES: The transfer of shares through agreement has completed the registration procedures, and the Guangzhou State-owned Assets Supervision and Administration Commission has become the actual controller of the company

TIMES announced that previously, the company's controlling shareholder, Rugao Xintai Investment Co., Ltd., signed a "Share Transfer Agreement" with Guangzhou Light Industry and Trade Group Co., Ltd. Xintai Investment intends to transfer 29.99% of the company's shares to Guangzhou Light Industry Group. At the same time, Xintai Investment, TEDA Investment, and Tairan Investment have waived the voting rights corresponding to part of the shares. The share transfer under this agreement was completed on September 22, 2025, and the "Securities Transfer Registration Confirmation" issued by China Securities Depository and Clearing Corporation Limited was obtained. After the change in equity, Guangzhou Light Industry Group became the company's controlling shareholder, and the Guangzhou State-owned Assets Supervision and Administration Commission became the actual controller of the company

### Related Stocks

- [TIMES (001234.CN)](https://longbridge.com/en/quote/001234.CN.md)

## Related News & Research

- [Tennis-Swiatek, Gauff inspired by figure skater Liu's journey from teen burnout to Olympic gold](https://longbridge.com/en/news/277736403.md)
- [MRF executes non-binding MoU with Tamil Nadu for Greenfield project in Sivaganga](https://longbridge.com/en/news/277735796.md)
- [12:08 ETThe Inner Circle acknowledges Catherine A. Oleksiw, Ph.D., PCC as a Pinnacle Lifetime Member](https://longbridge.com/en/news/277500709.md)
- [Wisconsin nurse sentenced to prison for sexual relationship with patient](https://longbridge.com/en/news/277679511.md)
- [Valeura to Keep Thai Oil at Home as Bangkok Moves to Bolster Energy Security](https://longbridge.com/en/news/277601142.md)