According to CoinMeta, Guocheng Mining announced that its controlling shareholder, Guocheng Holding Group Co., Ltd., intends to transfer 120 million shares of the company to the actual controller, Wu Cheng, through a contractual agreement. These shares represent 10.13% of the company's total capital stock, and the transaction amount is 2.15 billion yuan. This transfer is an internal share transfer within the same control structure and does not constitute a tender offer. Upon completion, the company's controlling shareholder and actual controller will remain unchanged, and the combined shareholding ratio of the relevant parties will also remain the same. However, this transfer still requires confirmation of compliance by the Shenzhen Stock Exchange and the completion of share transfer procedures stipulated in the agreement. There is still uncertainty as to whether the transfer can ultimately be completed.