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Express News | ST Jinhong: Actual controller changed to Li Wenhao
ST Jinhong (000669.SZ): Li Wenhao and the enterprises he controls have no direct or indirect equity relationship or business cooperation with Samsung Group of South Korea, SK Hynix Co., Ltd., or any other such entities.
ST Jinhong (000669.SZ) has issued an announcement stating that recently, the company has noted posts by investors on certain financial media platforms claiming that Mr. Li Wenhao is 'appointed by the Luoyang SASAC,' 'the current change in actual controller is coordinated with Luoyang,' 'Mr. Li Wenhao is associated with South Korea’s SK Hynix,' and 'Pine Tree Capital is introducing industrial assets into the listed company.' In this regard, the company hereby clarifies and solemnly declares as follows:
Express News | ST Jinhong Clarification: Statements such as 'the change in actual controller is coordinated with Luoyang and related to Samsung Hynix of Korea' are false.
ST Jinhong (000669.SZ): Actual controller is proposed to change to Li Wenhao.
Gelonghui, May 13th丨ST Jinhong (000669.SZ) announced recently that the company received a 'Notice Regarding Partnership Structure Change' from its controlling shareholder, Kunjie Energy. It was learned that Beijing Jinkun Jie Investment Co., Ltd. (referred to as 'Jinkun Jie Investment'), Xu Bo, Shanghai Tianhong Jiye Enterprise Management Co., Ltd. (referred to as 'Tianhong Jiye'), and Shanghai Baocheng Zhongneng Energy Technology Co., Ltd. (referred to as 'Baocheng Zhongneng') signed the 'Shanxi Kunjie Energy Technology Partnership (Limited Partnership) Partnership Interest Transfer Agreement' on May 12, 2026. According to the 'Partnership Interest Transfer Agreement,' Tianhong Jiye has accepted
ST JinHong: First Quarter Report for 2026
ST JinHong: 2025 Annual Report