GUOSHENG SECURITIES(SZ:002670) Zheng Quan Shi Bao·2025-11-18 22:18Core Viewpoint - The announcement of shareholding reduction by major shareholders of Guosheng Securities has raised market attention, particularly due to the timing shortly after the company's rebranding and the significant asset appreciation since the initial investment by Jiangxi state-owned enterprises [1][4][7]. Group 1: Shareholder Reduction Announcement - Guosheng Securities' three major shareholders plan to reduce their holdings by up to 54.53 million shares, representing 2.82% of the total share capital, with an estimated market value of approximately 1 billion yuan [1]. - The shareholders involved are Nanchang Financial Holdings, Jiangxi Jiang Investment, and Jiangxi Building Materials Group, with specific reduction plans detailed for each [4]. - The reduction period is set from December 8, 2025, to March 7, 2026, with the reason cited as the shareholders' own operational needs [4][5]. Group 2: Company Rebranding and Management Changes - Guosheng Financial Holdings has officially changed its name to Guosheng Securities, completing the necessary registration and licensing procedures [1][3]. - The company has elected Liu Chaodong as chairman and appointed Zhao Jingliang as general manager, both of whom have prior experience in the financial sector [2]. Group 3: Financial Performance - In the first three quarters of the year, Guosheng Financial reported revenues of 1.856 billion yuan, a year-on-year increase of 46.84%, and a net profit of 242 million yuan, up 191.21% year-on-year, primarily driven by increased securities brokerage income [3]. Group 4: Historical Context of Share Acquisition - The three major shareholders acquired their stakes in Guosheng Securities in July 2022 for 8.879 billion yuan, with an acquisition price of 9.1 yuan per share, which has nearly doubled to 18 yuan per share as of November 18 [7][8]. - The acquisition was part of a strategic move by a consortium of Jiangxi state-owned enterprises to enhance their financial capabilities and support the local economy [8].