On December 24, Gelonghui reported that Loncin Motor (603766.SH) announced that on December 23, 2024, the manager received the "Securities Transfer Registration Confirmation" issued by China Securities Depository and Clearing Corporation Shanghai Branch. On December 20, 2024, a total of 504,172,175 Stocks held by Loncin Holdings were judicially transferred to Zongshen New Manufacturing, accounting for 24.5513% of the company's total share capital; and a total of 318,709,695 Stocks held by Loncin Holdings were judicially transferred to Yufu Capital, accounting for 15.52% of Loncin Motor's total share capital.
After this change, Loncin Holdings holds 205,354,185 Stocks of Loncin Motor, accounting for 10.00% of the company's total share capital; Zongshen New Manufacturing holds 504,172,175 Stocks of Loncin Motor, accounting for 24.5513% of the company's total share capital; Yufu Capital holds 318,709,695 Stocks of Loncin Motor, accounting for 15.52% of the company's total share capital. The company's controlling shareholder has changed from Loncin Holdings to Zongshen New Manufacturing, and the actual controller has changed from Mr. Tu Jianhua to Mr. Zuo Zongshen.