JTGROUP(SH:601609) Sou Hu Cai Jing·2025-12-01 00:54Core Viewpoint - The recent equity restructuring within Jintian Co., Ltd. (金田股份) involves the transfer of shares from the current controlling shareholders to their children, aimed at aligning the company's control with future strategic needs [1][3]. Shareholding Structure Changes - After the equity transfer, the new shareholding structure will see Lou Cheng holding 70.7456% and Lou Jingjing holding 8.2018% of Jintian Investment, while Lou Guoqiang and Lu Xiaomi will no longer hold any shares in Jintian Investment [3][5]. - 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 yuan [3][5]. Family Background and Management - Lou Guoqiang, born in 1957, 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 [3][5]. - Lu Xiaomi, born in 1959, has held various roles within the company since 1988 and retired in 2009 [3][5]. - Lou Cheng, born in 1988, has been with the company since 2011 and currently serves as both Chairman and General Manager [4][5]. - Lou Jingjing, born in 1982, has held several positions within the company from 2007 to 2017 [4][5]. Company Performance - 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 [6]. - In 2024, the company is projected to achieve a total copper and copper alloy production of 1.9162 million tons, maintaining its position as a global leader [6]. - For the first three quarters of the current year, Jintian Co. reported revenues of 91.765 billion yuan and a net profit of 588 million yuan, reflecting a year-on-year growth of 104.37% [6].