Why was Jing Dacheng transferred?

Illegal planning controlling stake.

Ningbo Jingda was disciplined by the Shanghai Stock Exchange for illegally planning the transfer of controlling shares.

Ningbo Jingda Type Equipment Co., Ltd. (hereinafter referred to as Ningbo Jingda) is a manufacturer specializing in the production of special equipment for heat exchangers, an innovator of high-speed punching machines and the largest supplier of heat exchanger equipment in the world.