剥离油墨资产 十堰国资拟入主科德教育

Core Viewpoint - The announcement reveals a significant change in the ownership structure of Kede Education, with the controlling shareholder transferring a substantial number of shares to a new entity, which will lead to a shift in control and management focus towards the education sector while divesting from the ink business [1][2]. Group 1: Share Transfer and Ownership Change - Kede Education's controlling shareholder, Wu Xianliang, plans to transfer 77.5843 million shares at a price of 14.72 yuan per share, totaling 1.142 billion yuan to Zhongjing Heda [1]. - Following the transfer, Zhongjing Heda will become the controlling shareholder, and the Shiyan State-owned Assets Supervision and Administration Commission will become the actual controller of the company [1]. - Prior to the transfer, Wu Xianliang held 90.75 million shares, representing 27.57% of the total share capital, which will decrease to 13.166 million shares, or 4% post-transfer [1]. Group 2: Business Transition and Management - The company will undergo a three-year transition period (2025-2027) during which the ink business will be integrated into Color Technology for independent accounting [2]. - Wu Xianliang will continue to manage the ink business and serve as the general manager of Color Technology, while the financial head will be appointed by Kede Education [2]. - Wu Xianliang has committed to completing the divestiture of the ink business during the transition period, with a cash purchase of all related assets and liabilities to be negotiated later [2]. Group 3: Financial Performance and Future Outlook - Kede Education's projected revenue for 2024 is 795 million yuan, reflecting a year-on-year growth of 3.1%, with a net profit of 145 million yuan, up 4.73% [3]. - In Q1 of the current year, the company reported a revenue of 183 million yuan, a decline of 2.27% year-on-year, and a net profit of 37.9724 million yuan, down 6.8% [3]. - The decline in Q1 revenue is attributed to seasonal fluctuations in the ink business and a loss from an investment in Zhonghao Xinying, with a focus on adapting to educational policy changes and enhancing technological innovation [3][4].