According to the Power Source announcement, He Zhenya, the controlling shareholder and actual controller of the company, has made significant progress in planning the change of control. On July 10, He Zhenya signed a “Share Transfer Agreement” with Shenzhen Bay Cotton Science and Technology Innovation Co., Ltd. After completion, the controlling shareholder will be changed to Shenzhen Bay Red Cotton Science and Technology Innovation, and the actual controller will be changed to Chen Zhimao. Trading of the company's shares has been suspended since July 6, and trading will resume with the opening of the market on July 13. The matter still requires compliance confirmation by the Shanghai Stock Exchange and registration of share transfers. There is uncertainty about whether and when it can be completed.

According to the Power Source announcement, He Zhenya, the controlling shareholder and actual controller of the company, has made significant progress in planning the change of control. On July 10, He Zhenya signed a “Share Transfer Agreement” with Shenzhen Bay Cotton Science and Technology Innovation Co., Ltd. After completion, the controlling shareholder will be changed to Shenzhen Bay Red Cotton Science and Technology Innovation, and the actual controller will be changed to Chen Zhimao. Trading of the company's shares has been suspended since July 6, and trading will resume with the opening of the market on July 13. The matter still requires compliance confirmation by the Shanghai Stock Exchange and registration of share transfers. There is uncertainty about whether and when it can be completed.