On September 15, 2025, China Taibao received a notification letter from Shanghai International Group. To support Shanghai's state-owned capital layout adjustments, the International Group plans to transfer 55.59 million A shares to Jiushi Group free of charge and 10 million A shares to Electric Holdings free of charge. The transfer still requires approval from the Shanghai State-owned Assets Administration Commission. It does not involve an offer of acquisition, nor will it change the situation where the company has no controlling shareholders or actual controllers. Prior to the transfer, the International Group and its subsidiaries held 10.66% of the shares; after the transfer, the shareholding fell to 9.97%, Jiushi Group's shareholding increased to 1.52%, and Electric Holdings held 0.10% of the shares. Jiushi Group and Electric Holdings promised not to reduce their holdings for 12 months.

On September 15, 2025, China Taibao received a notification letter from Shanghai International Group. To support Shanghai's state-owned capital layout adjustments, the International Group plans to transfer 55.59 million A shares to Jiushi Group free of charge and 10 million A shares to Electric Holdings free of charge. The transfer still requires approval from the Shanghai State-owned Assets Administration Commission. It does not involve an offer of acquisition, nor will it change the situation where the company has no controlling shareholders or actual controllers. Prior to the transfer, the International Group and its subsidiaries held 10.66% of the shares; after the transfer, the shareholding fell to 9.97%, Jiushi Group's shareholding increased to 1.52%, and Electric Holdings held 0.10% of the shares. Jiushi Group and Electric Holdings promised not to reduce their holdings for 12 months.