Recently, Jingjiang Industrial, a state-owned subsidiary of Jingzhou, proposed an acquisition plan of 2,437 billion yuan to transfer 18.66% of ST Eastel's shares and achieve control through voting rights arrangements. This acquisition, which focused on the field of new energy power equipment, became Hubei's sixth state-owned company control transaction operation during the year. In 2025, in addition to ST Eastel, Hubei Jiaotong Investment Group took 20.93% of Chaozhuo Aviation Technology's shares. Hubei Cultural Tourism Group plans to acquire 29.99% of Junting Hotel's shares, while Changjiang Industrial Investment Group takes ownership of Kailong Co., Ltd. and Taiji shares. The five target companies span the circuit of emerging industries such as new energy, semiconductors, and aerospace, and outline a blueprint for Hubei's state-owned assets to use the capital market to empower industrial upgrading. According to several interviewed experts, Hubei's intensive action in the A-share market this year was not about “sweeping the goods,” but rather centered around the layout of Hubei's “51020” modern industrial cluster to help upgrade the industry and the development and upgrading of the regional economy by entering listed companies.

Recently, Jingjiang Industrial, a state-owned subsidiary of Jingzhou, proposed an acquisition plan of 2,437 billion yuan to transfer 18.66% of ST Eastel's shares and achieve control through voting rights arrangements. This acquisition, which focused on the field of new energy power equipment, became Hubei's sixth state-owned company control transaction operation during the year. In 2025, in addition to ST Eastel, Hubei Jiaotong Investment Group took 20.93% of Chaozhuo Aviation Technology's shares. Hubei Cultural Tourism Group plans to acquire 29.99% of Junting Hotel's shares, while Changjiang Industrial Investment Group takes ownership of Kailong Co., Ltd. and Taiji shares. The five target companies span the circuit of emerging industries such as new energy, semiconductors, and aerospace, and outline a blueprint for Hubei's state-owned assets to use the capital market to empower industrial upgrading. According to several interviewed experts, Hubei's intensive action in the A-share market this year was not about “sweeping the goods,” but rather centered around the layout of Hubei's “51020” modern industrial cluster to help upgrade the industry and the development and upgrading of the regional economy by entering listed companies.