Zhejiang Yangfan New Materials (SZ:300637) Xin Lang Cai Jing·2025-08-25 15:52Core Viewpoint - The actual controller of Yangfan New Materials, Fan Peiren, is under investigation, which raises concerns about the company's governance and future performance [1][2]. Group 1: Company Background - Yangfan New Materials was listed on the A-share market in 2017, with Fan Peiren as chairman and his son Fan Bin as a director and general manager [3]. - The company reached its peak performance in 2018 but has faced continuous losses from 2023 to 2024, with a recovery starting in 2025 [3]. - As of the latest half-year report, the company achieved a net profit of 23.14 million yuan, marking a turnaround from previous losses, and its current market capitalization is 3.8 billion yuan [3]. Group 2: Shareholding Structure - Fan Peiren, Yang Mei Yi, and Fan Bin hold 45.97%, 25.10%, and 22.67% of the shares in Yangfan Holdings, which is the controlling shareholder of Yangfan New Materials, owning 22.04% of the company [2]. - The three actual controllers collectively hold 36.50% of the shares through Yangfan Holdings and Marshall SFC, ensuring their control over the company [2].