
Core Viewpoint - The actual controller's family of Dongfang Caifu plans to transfer 238 million shares, accounting for 1.5% of the total share capital, primarily to institutional investors for investment in technology startups [1][4]. Group 1: Share Transfer Details - The share transfer will be conducted through a price inquiry method, with the final buyer being institutional investors who cannot transfer the shares for six months after acquisition [1][4]. - After the transfer, the controlling family's shareholding will decrease to 20.4%, down from 34.83% at the time of the company's IPO in 2010 [4][5]. - Specifically, Lu Lili will transfer shares accounting for 1.31% of the total share capital, while Shen Yougen will transfer 0.19% [1][4]. Group 2: Previous Transactions and Market Reaction - Shen Yougen previously conducted a significant share reduction from Q3 2020 to Q1 2021, reducing his holdings by 1.07 million shares, or 1.42% of the total share capital [5]. - The last share transfer in July attracted interest from major institutions, and the stock price increased by 25.2% after the transfer [7]. - As of September 30, the stock price of Dongfang Caifu has risen by 5.34% this year, compared to a 7.4% increase in the Shenwan Securities Industry Index [7]. Group 3: Financial Performance - In the first half of the year, Dongfang Caifu achieved a year-on-year net profit growth of 37.3%, benefiting from a recovering securities market [7]. - The company's securities business has maintained high growth, with profits from this segment now accounting for nearly 80%, while fund distribution profits are around 20% [7].