According to the Tianqi Model announcement, on September 24, 2025, 8 people including Hu Jinsheng, the company's controlling shareholder, signed a share transfer agreement with C&D Fanyu to transfer 161,779,192 tradable shares with unlimited sales conditions, accounting for 15.9367% of the total share capital. Meanwhile, Ren Wei promised to relinquish 1.0085% of the voting rights for 36 months without touching on the tender offer. If the transaction is completed, the controlling shareholder will be changed to C&D Fanyu, and the actual controller will become the Urumqi Economic Development Zone State-owned Assets Supervision Commission. Recently, the Shenzhen Stock Exchange has completed compliance confirmation, and the transferor parties will register the share transfer as soon as possible.

According to the Tianqi Model announcement, on September 24, 2025, 8 people including Hu Jinsheng, the company's controlling shareholder, signed a share transfer agreement with C&D Fanyu to transfer 161,779,192 tradable shares with unlimited sales conditions, accounting for 15.9367% of the total share capital. Meanwhile, Ren Wei promised to relinquish 1.0085% of the voting rights for 36 months without touching on the tender offer. If the transaction is completed, the controlling shareholder will be changed to C&D Fanyu, and the actual controller will become the Urumqi Economic Development Zone State-owned Assets Supervision Commission. Recently, the Shenzhen Stock Exchange has completed compliance confirmation, and the transferor parties will register the share transfer as soon as possible.