JTGROUP(SH:601609) Sou Hu Cai Jing·2025-11-30 10:26Core Viewpoint - The recent equity restructuring within Jintian Co., Ltd. aims to adjust the actual control of the company within the family to align with future development strategies [4] Group 1: Equity Restructuring - Jintian Co., Ltd. disclosed a change in the equity structure of its controlling shareholder, Ningbo Jintian Investment Holding Co., Ltd. [1] - The actual controllers, Lou Guoqiang and Lu Xiaomi, will transfer their shares in Jintian Investment to their son Lou Cheng and daughter Lou Jingjing [1][3] - After the transfer, Lou Cheng will hold 70.7456% of Jintian Investment, while Lou Jingjing will hold 8.2018% [3] Group 2: Company Background - Jintian Investment holds 423 million shares of Jintian Co., accounting for 24.49% of the total shares, with a market value of approximately 4.319 billion [4] - The shares transferred to Lou Cheng and Lou Jingjing represent a market value of approximately 3.055 billion and 354 million, respectively, totaling around 3.4 billion [4] - Lou Guoqiang has been a key figure in the company since 1986, leading it from near bankruptcy to becoming one of China's top 500 private enterprises [4][6] Group 3: Management and Performance - Lou Cheng, born in April 1988, has been with Jintian Co. since 2011 and currently serves as the chairman and general manager [5] - Lou Jingjing, born in August 1982, has held various positions within the company since 2007 [6] - Jintian Co. is recognized as one of the largest producers of copper and copper alloy materials in China, with a compound annual growth rate of 8% in copper production from 2021 to 2024 [7] - In the first three quarters of this year, Jintian Co. achieved a revenue of 91.765 billion, with a net profit of 588 million, reflecting a year-on-year growth of 104.37% [7]