Suao Sensors: Zhongchuang Aviation will become the controlling shareholder and actual controller of the company.
Suoao Sensor announced on May 6 that the company's controlling shareholder and actual controller, Li Hongqing, signed a "Stock Transfer Agreement" and a "Voting Rights Waiver Agreement" with China Innovation Aviation. Li Hongqing plans to transfer his 87.6204 million shares of the company to China Innovation Aviation and waive the voting rights of 156 million shares. At the same time, Suoao Sensor plans to issue up to 119 million shares to China Innovation Aviation, raising a total of up to 673 million yuan. After this equity change is completed, China Innovation Aviation will obtain the controlling rights of the listed company and become the controlling shareholder and actual controller of the company. The company's stock will resume trading from the opening on May 7, 2025.
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