He Qinghua did not sell Sunward Intelligent, but only transferred part of the equity.

On June 12, 2019, Wanli Investment became the controlling shareholder of Sunward Intelligent, and the Guangzhou Municipal Government replaced He Qinghua as the actual controller. Sunward Intelligent completed the transfer of the controlling shareholder's equity and the change of the actual controller of the controlling shareholder.

Through the equity transfer, He Qinghua's personal risks have been eliminated, the fund has also had exit channels, and Sunward Intelligent has also expanded its development space. It can be said that it kills three birds with one stone.

Sunward Intelligent is a modern manufacturing enterprise with engineering machinery as its main business. It was founded in 1999 and is located in the National Economic and Technological Development Zone in Changsha City, Hunan Province. The founder of the company is He Qinghua.