Kuangda Technology announced on December 19 that Shen Jieliang, the company's former controlling shareholder and actual controller, signed the “Share Transfer Agreement on Kuangda Technology Group Co., Ltd.” with Zhuzhou Qichuang No. 1 Industrial Investment Partnership on September 5, 2025. Shen Jieliang transferred 412 million shares of the company's shares to Zhuzhou Qichuang through an agreed transfer agreement, accounting for 28% of the company's total share capital. On the same day, Shen Jieliang and his co-actors, Jiangsu Kuangda Venture Capital Co., Ltd., Kuangda Holding Group Co., Ltd. and Zhuzhou Qichuang signed the “Voting Rights Waiver Agreement”, “Voting Rights Waiver Agreement”, and “Commitment Not to Seek Control”. The share transfer agreement has completed share transfer registration. Zhuzhou Qichuang holds 412 million shares of the company and corresponding voting rights, accounting for 28% of the company's total share capital. The controlling shareholder of the company was changed from Shen Jieliang to Zhuzhou Qichuang, and the actual controller of the company was changed from Shen Jieliang to the State-owned Assets Supervision and Administration Committee of the Zhuzhou Municipal People's Government.

Kuangda Technology announced on December 19 that Shen Jieliang, the company's former controlling shareholder and actual controller, signed the “Share Transfer Agreement on Kuangda Technology Group Co., Ltd.” with Zhuzhou Qichuang No. 1 Industrial Investment Partnership on September 5, 2025. Shen Jieliang transferred 412 million shares of the company's shares to Zhuzhou Qichuang through an agreed transfer agreement, accounting for 28% of the company's total share capital. On the same day, Shen Jieliang and his co-actors, Jiangsu Kuangda Venture Capital Co., Ltd., Kuangda Holding Group Co., Ltd. and Zhuzhou Qichuang signed the “Voting Rights Waiver Agreement”, “Voting Rights Waiver Agreement”, and “Commitment Not to Seek Control”. The share transfer agreement has completed share transfer registration. Zhuzhou Qichuang holds 412 million shares of the company and corresponding voting rights, accounting for 28% of the company's total share capital. The controlling shareholder of the company was changed from Shen Jieliang to Zhuzhou Qichuang, and the actual controller of the company was changed from Shen Jieliang to the State-owned Assets Supervision and Administration Committee of the Zhuzhou Municipal People's Government.