Ningbo Xusheng Group (603305.SH): Controlling Shareholder Plans Ownership Transfer, Trading Halted

Stock News12-18

Ningbo Xusheng Group Co., Ltd. (603305.SH) announced that on December 18, 2025, the company received notice from its controlling shareholder and actual controller, Mr. Xu Xudong, along with his concerted parties, Ningbo Meishan Bonded Port Area Xusheng Holding Co., Ltd. and Hong Kong Xuri Industrial Co., Ltd. They are currently planning a share transfer involving their holdings in the company, which may result in a change of control. The company's shares will be suspended from trading starting December 19, 2025, with the suspension expected to last no more than two trading days.

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