ST Fair announced on the evening of April 7 that the company received the “Securities Transfer Registration Certificate” from the Shenzhen branch of China Securities Registration and Settlement Co., Ltd. on April 3, confirming that the transfer procedure for industrial investors to subscribe for 2.6 billion additional shares was completed on April 2. Before the shares subscribed by the industrial investors were transferred, the controlling shareholder of the company was HNA Commercial Holdings Co., Ltd. After the shares subscribed by the industrial investors were transferred, the voting shares of the listed company actually at their disposal were sufficient to have a significant impact on the resolution of the company's shareholders' meeting. CNOOC Nongxin was the controlling shareholder of the company, and the actual controller of the company was changed to the National Supply and Marketing Cooperative Corporation of China.