---
title: "CCA's control is set to change: Yufu Holdings signs share transfer agreement"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/260609977.md"
description: "The controlling stake of Chongqing CCA Automation Co., Ltd. will change hands, as Yufu Holdings has signed a share transfer agreement with China National Machinery Group Corporation and its subsidiaries. China National Machinery Group Corporation and its subsidiaries will acquire 19.26% of the shares and accept the voting rights entrusted for 10.65% of the shares, with plans to acquire no less than 10% of the shares subsequently. Yufu Holdings will transfer 54,668,322 shares at a price of 24.206 yuan per share, with a total transaction amount of 1.323 billion yuan. This agreement is subject to approval by the state-owned assets regulatory authorities, and there is uncertainty regarding the change of control"
datetime: "2025-10-10T11:00:26.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/260609977.md)
  - [en](https://longbridge.com/en/news/260609977.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/260609977.md)
generator: "portal-rs"
---

# CCA's control is set to change: Yufu Holdings signs share transfer agreement

On October 10, 2025, Chongqing CCA's indirect controlling shareholder, Yufu Holdings, signed a "Share Transfer Agreement" with China National Machinery Group and China National Machinery Instrument & Meter Company. Previously, China National Machinery Group and its subsidiaries planned to acquire 19.26% of the shares and accept the voting rights of 10.65% of the shares to gain control, and subsequently planned to acquire no less than 10% of the shares. Yufu Holdings intends to transfer 54,668,322 shares to China National Machinery Instrument & Meter Company at a price of 24.206 yuan per share, totaling 1.323 billion yuan. The agreement has been approved by the state-owned assets regulatory authority and has come into effect, terminating the original "Voting Rights Entrustment Agreement." This change of control still requires approval from the state-owned assets management authority and compliance confirmation from the Shanghai Stock Exchange, which carries uncertainty, and the company will disclose progress in a timely manner

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**