On October 21, Gelonhui reported that Zhejiang Dehong Automotive Electronic & Electrical (603701.SH) announced that on October 19, 2024, the company received a notification from Ningbo Zhenhai Investment Co., Ltd. (referred to as "Zhenhai Investment"), according to the spirit of state-owned enterprise reform in Zhenhai District, Ningbo Zhenhai District State-owned Assets Management Service Center (referred to as "Zhenhai District State-owned Assets Center") injected its 60% equity in Zhenhai Investment into Ningbo Zhentou Holdings Group Co., Ltd. (referred to as "Zhentou Holdings", formerly Ningbo Zhenhai District Urban Renewal Investment Construction Operation Co., Ltd.). Before the completion of this state-owned equity change, Zhenhai District State-owned Assets Center held 60% equity of Zhenhai Investment, while Zhentou Holdings held 30% equity of Zhenhai Investment. After the completion of this state-owned equity change, Zhenhai District State-owned Assets Center will no longer directly hold the equity of Zhenhai Investment, and Zhentou Holdings will hold 90% equity of Zhenhai Investment. The above-mentioned state-owned equity change will not lead to a change in the company's controlling shareholder or actual controller. Currently, the company's controlling shareholder remains Zhenhai Investment, and the actual controller remains Zhenhai District State-owned Assets Center.