EASTMONEY(SZ:300059) Mei Ri Jing Ji Xin Wen·2025-07-25 00:53Core Viewpoint - The actual controller of Dongfang Caifu, Shen Yougen, successfully transferred 1% of the company's shares to 17 institutional investors at a price of 21.66 yuan per share, which is approximately 90% of the closing price on July 24 [1][5]. Summary by Sections Share Transfer Details - The share transfer involved 17 institutional investors, including major global firms such as JPMorgan, Morgan Stanley, UBS, and the Abu Dhabi Investment Authority [1][4]. - The largest share acquisition was by E Fund Management, which purchased 71.5 million shares, accounting for 45% of the total shares transferred [4][6]. - The total number of shares transferred was 158.8 million, representing 1% of Dongfang Caifu's total share capital [3]. Pricing and Market Context - The transfer price of 21.66 yuan per share was set close to the market price, being 94% of the average price over the previous 20 trading days [5]. - The price was also not lower than 70% of the average price over the same period, indicating a strategic pricing approach [5]. - The share transfer was oversubscribed, with a total of 31.146 million shares requested, resulting in a subscription multiple of 1.96 times [5]. Institutional Participation and Trends - A total of 102 institutions received the subscription invitation, including 19 fund management companies and 14 securities firms [5]. - Public funds increased their holdings in Dongfang Caifu by 27.98 million shares in the second quarter, raising their ownership to 0.48% of the circulating shares [6]. - The overall market sentiment for the securities industry has improved, with Dongfang Caifu's net profit increasing by 39% year-on-year in the first quarter [6].