[Fengfan Shares: Hebei Industry and Finance Group plans to indirectly hold 30.08% of the company's shares and become an indirect controlling shareholder] On November 8, Fengfan Shares (601700.SH) disclosed the acquisition report. The Tangshan Municipal State-owned Assets Supervision and Administration Commission planned to transfer 98.47802% of its shares in Tangkong Development Group to Hebei Industry and Finance Group for free, thus making Hebei Industry and Finance Group indirectly hold 30.08% of the shares of the listed company and become an indirect controlling shareholder of the listed company. Hebei Industry and Finance Group is a wholly state-owned enterprise 100% owned by Tangshan State-owned Assets Supervision and Administration Commission. This free transfer does not involve payment of consideration and will not result in changes in the listed company's controlling shareholder and actual controller. The listed company's controlling shareholder is still Tangshan Industrial Control and the actual controller is still Tangshan State-owned Assets Supervision and Administration Commission. This acquisition qualifies for exemption from making an offer and has been approved by the Tangshan Municipal People's Government.