Shanxi Installation Group Announces Controlling Shareholder Equity Transfer

Reuters

Dec 02

Shanxi Installation Group Announces Controlling Shareholder Equity Transfer

Shanxi Installation Group Co. Ltd. has announced a change in the shareholding structure of its controlling shareholder. The People's Government of Shanxi Province has decided to transfer a 52.44% equity interest in Shanxi Construction Investment Group Co., Ltd. (Shanxi CIG), previously held by Shanxi State-owned Capital Operation Co., Ltd. (SSCO), to be directly held by the State-owned Assets Supervision and Administration Commission of Shanxi Province (Shanxi SASAC). Despite this transfer, Shanxi CIG remains the direct controlling shareholder of Shanxi Installation Group, and Shanxi SASAC continues as the ultimate beneficial owner. The company stated that the change will not affect its ultimate beneficial owners, controlling shareholders, shareholding percentages, or day-to-day operations. The reorganization is pending completion of business registration procedures.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shanxi Installation Group Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251202-11940396), on December 02, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Ltd. has announced a change in the shareholding structure of its controlling shareholder. The People's Government of Shanxi Province has decided to transfer a 52.44% equity interest in Shanxi Construction Investment Group Co., Ltd. (Shanxi CIG), previously held by Shanxi State-owned Capital Operation Co., Ltd. (SSCO), to be directly held by the State-owned Assets Supervision and Administration Commission of Shanxi Province (Shanxi SASAC). Despite this transfer, Shanxi CIG remains the direct controlling shareholder of Shanxi Installation Group, and Shanxi SASAC continues as the ultimate beneficial owner. The company stated that the change will not affect its ultimate beneficial owners, controlling shareholders, shareholding percentages, or day-to-day operations. 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Ltd. has announced a change in the shareholding structure of its controlling shareholder. The People's Government of Shanxi Province has decided to transfer a 52.44% equity interest in Shanxi Construction Investment Group Co., Ltd. (Shanxi CIG), previously held by Shanxi State-owned Capital Operation Co., Ltd. (SSCO), to be directly held by the State-owned Assets Supervision and Administration Commission of Shanxi Province (Shanxi SASAC). Despite this transfer, Shanxi CIG remains the direct controlling shareholder of Shanxi Installation Group, and Shanxi SASAC continues as the ultimate beneficial owner. The company stated that the change will not affect its ultimate beneficial owners, controlling shareholders, shareholding percentages, or day-to-day operations. The reorganization is pending completion of business registration procedures.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shanxi Installation Group Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251202-11940396), on December 02, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1148","symbol_name":"建筑与工程","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251202:nNDL6r1QNS:1","article_id":"2588055744","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2588055744","pubTimestamp":1764682678,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Shanxi Installation Group Co. Ltd. has announced a change in the shareholding structure of its controlling shareholder. The People's Government of Shanxi Province has decided to transfer a 52.44% equity interest in Shanxi Construction Investment Group Co., Ltd. , previously held by Shanxi State-owned Capital Operation Co., Ltd. , to be directly held by the State-owned Assets Supervision and Administration Commission of Shanxi Province . Despite this transfer, Shanxi CIG remains the direct controlling shareholder of Shanxi Installation Group, and Shanxi SASAC continues as the ultimate beneficial owner. The company stated that the change will not affect its ultimate beneficial owners, controlling shareholders, shareholding percentages, or day-to-day operations. The reorganization is pending completion of business registration procedures.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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Despite this transfer, Shanxi CIG remains the direct controlling shareholder of Shanxi Installation Group, and Shanxi SASAC continues as the ultimate beneficial owner. The company stated that the change will not affect its ultimate beneficial owners, controlling shareholders, shareholding percentages, or day-to-day operations. The reorganization is pending completion of business registration procedures.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shanxi Installation Group Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. 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