Xiangyang Bearing announced that according to the implementation of relevant judicial decisions, 69.979% of Sanhuan Group's shares were returned to the Hubei Provincial State-owned Assets Administration Commission, and 29.991% of the shares were returned to Changjiang Automobile. The returned shares were registered for industrial and commercial changes on December 26, 2025. The Hubei Provincial State-owned Assets Administration Commission transferred 64.599% of its shares in the Sanhuan Group to Changjiang Industrial Group free of charge. After the transfer was completed, the Changjiang Industrial Group indirectly controlled 45.03% of the company's shares through the Sanhuan Group and the Xiangzhu Group. The actual controller of the company was still the Hubei Provincial State-owned Assets Administration Commission.

Zhitongcaijing · 1d ago
Xiangyang Bearing announced that according to the implementation of relevant judicial decisions, 69.979% of Sanhuan Group's shares were returned to the Hubei Provincial State-owned Assets Administration Commission, and 29.991% of the shares were returned to Changjiang Automobile. The returned shares were registered for industrial and commercial changes on December 26, 2025. The Hubei Provincial State-owned Assets Administration Commission transferred 64.599% of its shares in the Sanhuan Group to Changjiang Industrial Group free of charge. After the transfer was completed, the Changjiang Industrial Group indirectly controlled 45.03% of the company's shares through the Sanhuan Group and the Xiangzhu Group. The actual controller of the company was still the Hubei Provincial State-owned Assets Administration Commission.