BLB(SZ:002286) Sou Hu Cai Jing·2025-11-18 03:50Core Viewpoint - The resignation of Dai Sijue as the chairman of Baolingbao (002286.SZ) due to personal reasons marks a significant change in the company's leadership, with implications for its governance and future direction [1][2]. Group 1: Leadership Changes - Dai Sijue submitted his resignation as chairman, director, and head of the board's strategic committee, effective November 17, 2025, but will continue to serve on the boards of two subsidiaries [1]. - Dai Sijue, born in January 1995, became the youngest chairman in A-share history at age 26 in March 2021 and has been the actual controller of Baolingbao since 2017 [2][3]. Group 2: Company Performance - Baolingbao reported a net profit attributable to shareholders of 111 million yuan for 2024, a year-on-year increase of 105.97%, with a non-recurring profit growth of 254.56% [3]. - For the first three quarters of 2025, the company achieved a revenue of 2.126 billion yuan, up 15.98% year-on-year, and a net profit of 134 million yuan, reflecting a 32.58% increase [3]. Group 3: Shareholding and Control Issues - The actual control of Baolingbao shifted from Dai Sijue alone to a joint control with his brother, Dai Sicong, following an agreement signed on August 19, 2024 [4]. - A shareholding increase plan was announced by the new controlling party, aiming to acquire between 5% and 10% of the company's shares, but progress has been significantly delayed, with only 129,940 shares acquired by October 10, 2025 [6]. - The controlling shareholder, Yongyu Investment, is facing financial pressures, having been listed as an executed party in multiple court cases with significant amounts involved, including 35.16 million yuan and 66.20 million yuan [7].