Hangxin Aviation Technology's actual controller is proposed to change to Hu Chen, and trading will resume on November 4

Hangxin Aviation Technology announced that its controlling shareholder Guangzhou Hengmao has signed a share transfer agreement with Quzhou Chuangke and Hangzhou Changsheng to transfer 36,705,964 shares at a transfer price of 14.57 yuan/share, with a total consideration of 535 million yuan. After the equity change, Quzhou Chuangke and its concerted parties will become the controlling shareholder of the listed company, and the actual controller will change to Hu Chen. The company's stock and convertible bonds will resume trading from November 4, 2025

Hangxin Aviation Technology: Net profit in the third quarter was 951,700 yuan, a decrease of 67.26%

Hangxin Aviation Technology announced that its revenue for the third quarter was 478 million yuan, an increase of 6.53% year-on-year; net profit was 951,700 yuan, a decrease of 67.26%. Revenue for the first three quarters was 1.415 billion yuan, an increase of 2.77% year-on-year; net profit was 17.6244 million yuan, a decrease of 7.31%

Hangxin Aviation Technology: The controlling shareholder is planning a change in the company's control rights, and the stock and convertible bonds are suspended from trading

Hangxin Aviation Technology announced that its controlling shareholder, Guangzhou Hengmao Venture Capital Partnership, is planning a change in the company's control, which may lead to a change in the controlling shareholder and actual controller. The company's stock and convertible bonds will be suspended from trading starting October 28, 2025, with the suspension expected to last no more than 2 trading days. During the suspension period, the convertible bond "Hangxin Convertible Bond" will temporarily halt conversion

Hangxin Aviation Technology: Shareholders plan to reduce their holdings by no more than 0.98% of shares

Hangxin Aviation Technology announced that the company's original controlling shareholder, Ms. Liu Shaojuan, plans to reduce her holdings by no more than 2.4013 million shares, or no more than 0.98% of the company's total share capital, through centralized bidding from November 7, 2025, to February 6, 2026. The reason for the reduction is personal funding needs. Ms. Liu Shaojuan currently holds 2.4013 million shares of the company, accounting for 0.98% of the company's total share capital. This reduction plan will not lead to a change in the company's control and will not affect the company's governance structure or ongoing operations

The defense and military industry sector saw a surge, with Jieqiang Equipment hitting the "20cm" limit up, followed by gains in ChenXi Aviation, Tongyi Aviation, THD, North Long Dragon, Hangxin Aviation Technology, and Shengnan Technology