华宸信托拟挂牌转让华宸未来基金40%股权 公司旗下仅剩2只基金

Group 1 - Huachen Trust plans to transfer 40% equity stake in Huachen Future Fund Management Co., corresponding to an investment of 80 million shares, with a listing price of 17.2 million yuan, from November 24, 2025, to December 19, 2025 [2] - The assessed value of the 40% stake is 4.5229 million yuan, indicating an overall valuation of Huachen Future Fund at 11.30725 million yuan, while the listing price suggests a valuation of 43 million yuan, reflecting a 2.8 times increase from the assessed value and a 4.72 times increase from the net asset value by the end of 2024 [2] - Huachen Trust has reported cumulative investment losses of nearly 70 million yuan over 12 years, with significant losses exceeding 10 million yuan in 2013 and from 2016 to 2019 [2] Group 2 - Huachen Future Fund was established in March 2012 by Huachen Trust, Korea Future Asset Management Company, and Xianyang Changtao Electronic Technology Co., holding 40%, 25%, and 35% stakes respectively, and is a public fund management company approved by the CSRC [3] - Since its inception, Huachen Future Fund has applied to issue 11 funds, with only 4 approved, and has had an overall return rate of -13.05% in the last three years, currently having only 2 funds remaining [3] - In 2023, Huachen Future Fund was ordered to rectify by the CSRC due to net assets falling below 50 million yuan, leading to a suspension of public fund product registration applications for three months [3]