Titan Media App reported on July 31 that Xinning Logistics announced that the company plans to issue 112 million shares to Dahe Holdings by issuing shares to specific targets. Before the equity change, Dahe Holdings did not hold any shares in the company, and the company had no controlling shareholder or actual controller; after the equity change was completed, Dahe Holdings would directly hold 112 million shares of the company, accounting for the company's total after the equity change. 20% of the share capital and become the direct controlling shareholder of the company. Dahe Holdings is a wholly-owned subsidiary of Henan Investment Group, and Henan Investment Group will become the indirect controlling shareholder of the company; Henan Investment Group is a wholly state-owned company, affiliated to the Henan Provincial People's Government, and the Henan Provincial Department of Finance is authorized by the Henan Provincial People's Government to perform the investor Responsibilities, the Henan Provincial Department of Finance will become the actual controller of the company.
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