The actual controller of Qingdao Foods (001219.SZ) is to be changed to the Qingdao Municipal State-owned Assets Administration Commission

According to Zhitong Finance App, Qingdao Food (001219.SZ) announced that on November 10, 2026, Huatong Group, the controlling shareholder and actual controller of the company, signed a “Share Transfer Agreement with respect to Qingdao Foods Co., Ltd.” Huatong Group plans to transfer the company's 57.017,600 unrestricted tradable shares (29.24% of the company's total shares) to Tsing Beer Group through a private agreement. The total share transfer price was RMB 965 million, and the transfer price was RMB 16.9246 per share after rounding.

After the transaction is completed, Tsing Beer Group will hold 57.017,600 shares of the company, accounting for 29.24% of the company's total share capital, and is the company's controlling shareholder; the actual controller of the company will be changed from Huatong Group to the Qingdao Municipal State-owned Assets Administration Commission.