[BOE A: 10.97% of the shares held by Beijing State Management were transferred to Beijing Electronics Control for free] On November 10, BOE A (000725.SZ) announced that the company’s controlling shareholder Beijing Electronics Control received a notice from the State-owned Assets Supervision and Administration Commission that 4.063 billion A shares of the company (accounting for 10.97% of the total share capital) held by Beijing State Management were transferred to Beijing Electronics Control for free. After the transfer was completed, Beijing Electronic Control's shareholding ratio increased from 3.46% to 14.43%, and the company's controlling shareholder and actual controller remains Beijing Electronic Control. At the same time, Beijing Electronic Control and Jingguorui Fund have terminated the concerted action relationship, and the voting rights of both parties will no longer be combined. This change in equity will not have an adverse impact on the company's normal production and operations.