According to CoinMeta, Gongjin Shares announced that the transfer of equity by the indirect controlling shareholder has been completed and registered with the industrial and commercial authorities. Hebei Chanrong Group now indirectly holds 18.81% of the shares. Previously, Tangshan State-owned Assets Supervision and Administration Commission (SASAC) intended to transfer 98.47802% of its shares in Tangkong Development Group to Hebei Chanrong Group without compensation. Recently, Tangshan SASAC completed the free transfer of the aforementioned equity to Hebei Chanrong Group and the industrial and commercial registration procedures. After the change, Hebei Chanrong Group indirectly controls 29.99% of the company's voting rights. The direct controlling shareholder of the company remains Tangshan Industrial Control, and the actual controller is still Tangshan SASAC.