亿纬锂能累募205亿实控人套现44亿 前三季增收不增利研发投入减少3亿

Core Viewpoint - The actual controllers of EVE Energy Co., Ltd. (300014.SZ), Liu Jincheng and Luo Jinhong, have significantly reduced their holdings, raising concerns in the market as they cashed out approximately 29.44 billion yuan through a share transfer, bringing their total cash-out to around 44 billion yuan since their initial public offering in 2009 [1][5]. Group 1: Share Transfer Details - Liu Jincheng and Luo Jinhong transferred a total of 40.77 million shares, accounting for 2% of the company's total share capital, at a price of 72.20 yuan per share [2][3]. - The share transfer was executed through a price inquiry, with 25 institutional investors participating, including major firms like UBS AG and J.P. Morgan Securities [2][3]. - Following the transfer, the combined shareholding of Liu Jincheng and his associates decreased from 39.85% to 37.85% [3]. Group 2: Financial Performance - For the first three quarters of 2025, EVE Energy reported a revenue of 45.002 billion yuan, a year-on-year increase of 32.17%, but the net profit attributable to shareholders fell to 2.816 billion yuan, a decline of nearly 12% [14]. - The company experienced a situation of increasing revenue but decreasing profit, contrasting with competitors like CATL and others, which reported significant profit growth during the same period [16]. - EVE Energy's research and development expenditure decreased by 3 billion yuan year-on-year, totaling 1.872 billion yuan for the first three quarters of 2025, while competitors increased their R&D investments [17][18]. Group 3: Future Plans and Financing - EVE Energy is planning to list on the Hong Kong Stock Exchange to support its overseas capacity expansion, focusing on projects in Hungary and Malaysia [13]. - Since its IPO, EVE Energy has raised a total of 20.496 billion yuan through various financing rounds, primarily for capacity construction [9][10]. - The company has not clarified whether the recent share transfer is related to debt repayment [12].