Chaozhuo Aviation Technology announced that its controlling shareholders and actual controllers, Li Yihan, Li Guangping, and Wang Chunxiao, are planning major matters that may lead to a change in company control. Trading in the company's shares will be suspended from the market open on July 16, with the halt expected to last no more than two trading days. This plan comes less than a month after the termination of the previous control change transaction. The share transfer agreement the three individuals signed with Hubei Jiaotou Capital Investment was terminated on June 22 because not all conditions for effectiveness were met. As of the end of the first quarter of 2026, their direct shareholding ratios were 22.65 percent, 15.75 percent, and 11.32 percent respectively. In recent years, the company's main business performance has remained weak. Net profit attributable to the parent company declined year-on-year in 2025, and in the first quarter of 2026, net profit after deducting non-recurring items fell 61.75 percent year-on-year to 468,400 yuan.
Hubei Chaozhuo Aviation Technology Co. Ltd. AControlling shareholders planning another control change after previous deal fell through; business performance weak.