Ningbo Fuda: The controlling shareholder of Ningbo Urban Investment intends to change to the Ningbo State-owned Assets Supervision and Administration Commission

36Kr learned that NINGBO FUDA announced that the Ningbo State-owned Assets Supervision and Administration Commission will increase the state-owned capital of Ningbo Urban Investment through equity investment. The shareholding structure of the company's controlling shareholder, Ningbo Urban Investment, is expected to change, with the controlling shareholder changing from Ningbo Tongshang Holding Group Co., Ltd. to the Ningbo State-owned Assets Supervision and Administration Commission. The actual controller remains the Ningbo State-owned Assets Supervision and Administration Commission, which has not changed. This change will not lead to a change in the company's controlling shareholder and actual controller, nor will it have a substantial impact on the company's daily operations and production activities