
Core Viewpoint - The major shareholder of Dongfang Caifu, Shen Yougen, plans to transfer 159 million shares, representing 1% of the company's total equity, primarily to invest in technology startups, which is unrelated to Dongfang Caifu itself [1][4]. Group 1: Share Transfer Details - Shen Yougen's share transfer will be conducted through a price inquiry method, with the transfer price not lower than 70% of the average stock price over the previous 20 trading days [2][4]. - The transfer will be limited to institutional investors with appropriate pricing capabilities and risk tolerance, including securities firms, fund management companies, and qualified foreign investors [4]. Group 2: Ownership Changes - After the transfer, the controlling family's shareholding in Dongfang Caifu will decrease to 21.9%, down from 34.83% at the time of the company's IPO in 2010 [5][6]. - Shen Yougen's previous significant share reduction occurred between Q3 2020 and Q1 2021, where he reduced his holdings by 107 million shares, accounting for 1.42% of the total equity [6]. Group 3: Company Performance - Despite the stable shareholding of the controlling family since the second half of 2021, Dongfang Caifu's stock price has experienced a decline over the past two years, with an 8.6% drop year-to-date as of July 18 [6]. - The company's net profit attributable to shareholders increased by 39% year-on-year in Q1 of this year, benefiting from a recovering securities market [6].