---
title: "New Gonow RV Maintains Control After Major Share Transfer"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285970181.md"
description: "New Gonow Recreational Vehicles, Inc. (HK:0805) announced that Snowy.M Holdings Limited transferred 155 million shares (16.15% of issued share capital) to investor Kan Chi San on May 4, 2026. Despite this transfer, controlling shareholders retain approximately 54.31% of shares and voting rights. The board anticipates no adverse operational impact but advises caution to shareholders and potential investors regarding stock trading. New Gonow, based in the Cayman Islands, focuses on recreational vehicle businesses and is led by Chairman and CEO Mr. Miao Xuezhong."
datetime: "2026-05-11T15:08:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285970181.md)
  - [en](https://longbridge.com/en/news/285970181.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285970181.md)
---

# New Gonow RV Maintains Control After Major Share Transfer

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New Gonow Recreational Vehicles, Inc. ( (HK:0805) ) has issued an update.

New Gonow Recreational Vehicles Inc. reported that Snowy.M Holdings Limited, part of its controlling shareholder group, has transferred 155 million shares, or about 16.15% of the company’s issued share capital, to independent investor Kan Chi San in an off-market transaction completed on May 4, 2026. Following the deal, the controlling shareholders still collectively hold roughly 54.31% of the company’s shares and voting rights, and the board stated it does not expect any adverse impact on operations, while cautioning shareholders and potential investors in trading the stock.

**More about New Gonow Recreational Vehicles, Inc.**

New Gonow Recreational Vehicles Inc., incorporated in the Cayman Islands and listed in Hong Kong, operates through a group structure focused on recreational vehicle-related businesses. The company is controlled by a shareholder group led by Snowy.M Holdings Limited and Chairman and CEO Mr. Miao Xuezhong, which collectively holds a majority stake and voting rights.

**Average Trading Volume:** 6,979,822

**Technical Sentiment Signal:** Strong Buy

**Current Market Cap:** HK$1.59B

For a thorough assessment of 0805 stock, go to TipRanks’ Stock Analysis page.

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