高乐股份二度易主:旧主三年套现4.1亿“撤退”,90后AI背景新主接盘

Core Viewpoint - The ownership of GaoLe Co., Ltd. has changed hands for the second time since its listing, with Beijing Lieman Yuntu Technology Co., Ltd. becoming the new controlling shareholder, led by Wang Fan, a young entrepreneur with an AI background [2][7]. Group 1: Ownership Change - GaoLe Co., Ltd. announced on December 1 that its controlling shareholder will change to Beijing Lieman Yuntu Technology Co., Ltd., with Wang Fan as the actual controller [2]. - The previous owner, Huadong Group, successfully cashed out 410 million yuan through a share transfer and voting rights delegation, recovering its initial investment of 290 million yuan [3][5]. - The share transfer involved Huadong Group transferring 94.72 million shares (10% of total shares) and delegating voting rights for 37.88 million shares (4% of total shares) to Lieman Yuntu [3][4]. Group 2: Company Performance and Challenges - GaoLe Co., Ltd. has faced continuous losses for six years, with net profits of -83.62 million yuan, -61.97 million yuan, -57.29 million yuan, and -11.67 million yuan from 2022 to the first three quarters of 2025 [6][9]. - The company's attempts to diversify from toy manufacturing to education and new energy have not yielded expected results, leading to a reliance on traditional toy manufacturing amidst declining birth rates and the rise of electronic entertainment [9]. - The new controlling shareholder, Lieman Yuntu, plans to raise up to 491 million yuan to support liquidity, indicating a potential shift towards AI integration, although the company has yet to commence actual operations [7][9]. Group 3: Market Reaction - Following the announcement of the ownership change, GaoLe Co., Ltd.'s stock price rose by 9.98% to 5.29 yuan per share, with a notable increase of 10.07% on the day of the announcement [2][6].