North Huachuang announced that on December 15, 2025, the company's actual controller, Beijing Electronic Control and Guoxin Investment signed a “Share Transfer Agreement” to transfer 144.8817.73 million shares to Guoxin Investment by private agreement, at 426.39 yuan per share, with a total price of 6.175 billion yuan. On December 19, Guoxin Investment received approval from China Xinxin. Guoxin Investment promised not to transfer within 12 months after acceptance. The transfer did not result in a change in the actual controller. It still requires approval from the Beijing Municipal Assets Administration Commission and confirmation by the Shenzhen Stock Exchange. There is uncertainty about whether it will be completed.

North Huachuang announced that on December 15, 2025, the company's actual controller, Beijing Electronic Control and Guoxin Investment signed a “Share Transfer Agreement” to transfer 144.8817.73 million shares to Guoxin Investment by private agreement, at 426.39 yuan per share, with a total price of 6.175 billion yuan. On December 19, Guoxin Investment received approval from China Xinxin. Guoxin Investment promised not to transfer within 12 months after acceptance. The transfer did not result in a change in the actual controller. It still requires approval from the Beijing Municipal Assets Administration Commission and confirmation by the Shenzhen Stock Exchange. There is uncertainty about whether it will be completed.