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The actual controller of Oriental Intelligent Manufacturing (002175.SZ) will be changed to Guangxi State-owned Assets Administration Commission to resume trading on December 22

Zhitongcaijing·12/19/2025 11:09:04
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Zhitong Finance App News, Oriental Intelligent Manufacturing (002175.SZ) announced that the controlling shareholder Kexiang Hi-Tech Development Co., Ltd. (“Kexiang Hi-Tech”) and Mr. Li Bin, the actual controller of the company, signed a “Conditional Share Transfer Agreement” with Guangxi Modern Logistics Group Co., Ltd. (“Modern Logistics”) and Guangxi Guiwu Logistics Technology Co., Ltd. (“Logistics Technology”, a wholly-owned subsidiary of Hyundai Logistics) on December 19, 2025 (accounting for a share transfer agreement) of Kexiang Hi-Tech Co., Ltd. 14.33% of the total share capital of listed companies). On the same day, Kexiang Hi-Tech and Mr. Li Bin signed the “Voting Rights Waiver Letter”. Kexiang Hi-Tech promised to unconditionally and irrevocably relinquish voting rights corresponding to the company shares held by the committor (accounting for 4.87% of the company's shares in total) and voting rights for subsequent new shares (if any) from the date the transfer of shares tendered under the “Share Transfer Agreement” is completed, nor entrust any other party to exercise voting rights for such shares. After the equity change is completed, the controlling shareholder of the company will be changed from Kexiang Hi-Tech to Hyundai Logistics, and the actual controller of the company will be changed from Mr. Li Bin to the State-owned Assets Supervision and Administration Committee of the Guangxi Zhuang Autonomous Region People's Government.

Furthermore, trading of the company's shares has resumed since the opening of the market on the morning of December 22, 2025 (Monday).