The company *ST Jinggu has announced that its controlling shareholder, Chow Tai Fook Enterprises, plans to transfer 10.02% of its shares to two private equity funds. These funds are expected to have limited synergy with the company's forestry business and will not impact its core operations. The company has stated that its main business remains unchanged and there are no other plans for alteration. AI
RANK_REASON The article reports on a share transfer and states that the company's core business will not change, which is not a significant industry event.
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