CENTURY HUATONG(SZ:002602) 2 1 Shi Ji Jing Ji Bao Dao·2025-08-05 12:02Core Viewpoint - The article highlights the successful investment of Wei Wei, a prominent investor, in ST Huatuo, where he acquired shares at a competitive price and has since seen significant gains as the stock price increased rapidly following the auction [1][2]. Group 1: Investment Details - Wei Wei purchased 22.6173 million shares of ST Huatuo for 2.79 billion yuan, achieving a floating profit of over 42.06 million yuan within four trading days [1][2]. - The shares were auctioned due to a judicial freeze related to a loan dispute involving the company's co-founder, Shao Heng, with an initial starting price of approximately 2.49 billion yuan [1]. - The final transaction price was about 12.35 yuan per share, which was a 12.04% premium over the starting price [1]. Group 2: Stock Performance - Following the auction, ST Huatuo's stock price rose from 12.75 yuan per share on July 30 to 14.21 yuan per share on August 5, marking a cumulative increase of 11.45% over four trading days [2]. - The company's performance has shown resilience despite past challenges, with a reported revenue of 22.62 billion yuan for 2024, reflecting a year-on-year growth of 70.27% [2]. Group 3: Company Background - ST Huatuo has undergone a transformation from an automotive parts manufacturer to a gaming giant, although it faced significant penalties for financial fraud, leading to its current "ST" designation [2][3]. - The company plans to apply for the removal of the risk warning after one year of being under the "ST" designation, contingent on regulatory approval [3].