Baolande(SH:688058) Zhong Guo Jing Ji Wang·2025-11-04 07:00Core Viewpoint - The controlling shareholder of Baolande (688058.SH), Yi Cundao, plans to transfer 5,830,000 shares at a price of 26.56 yuan per share to Tianyang Technology, which represents 7.50% of the company's total share capital [1][2]. Share Transfer Details - The total amount for the share transfer is calculated to be 155 million yuan [2]. - After the transfer, Yi Cundao will hold 21,602,681 shares, accounting for 27.79% of the total share capital, while Tianyang Technology will hold 5,830,000 shares, representing 7.50% [2]. Impact on Company Control - The share transfer will not result in a change of control for the company, nor will it affect the governance structure or ongoing operations significantly [2]. Company Financial Performance - In 2024, the company reported revenue of 283 million yuan, a year-on-year decrease of 7.18%, and a net loss attributable to shareholders of 58.72 million yuan, compared to a profit of 14.52 million yuan in the previous year [4]. - For the first three quarters of 2025, the company achieved revenue of 138 million yuan, down 31.83% year-on-year, with a net loss of 92.60 million yuan [4]. Historical Context - Baolande was listed on the Sci-Tech Innovation Board on November 1, 2019, with an initial public offering price of 79.30 yuan per share [2]. - The company has experienced a decline in stock price, currently trading below its IPO price [2].