Daqian Ecology & Environment Group announced the abnormal fluctuations in stock trading. On November 5, 2024, the company disclosed that its controlling shareholder Daqian Investment, the actual controller Luan Jianhong, Fan Hedi, and Suzhou Bubugao signed the "Stock Transfer Agreement", where Daqian Investment intends to transfer its holdings of 24.5489 million shares of Daqian Ecology (accounting for 18.09% of the total issued shares of Daqian Ecology) to Suzhou Bubugao. The change of the company's controlling shareholder and actual controller is anticipated. This transaction still requires Shanghai Stock Exchange to issue a confirmation of compliance for the transfer agreement, and to handle the share transfer registration procedures at the Shanghai Branch of China Securities Depository and Clearing Corporation Limited. The final implementation and completion time of the transaction still remain uncertain.