净利接连承压，东方智造实控人李斌欲“退场”

Core Viewpoint - The controlling shareholder of Dongfang Zhizao (002175) is planning to transfer its shares, which may lead to a change in company control, amid declining financial performance and high share pledge ratios [1][4]. Group 1: Share Transfer and Control Change - Dongfang Zhizao announced on December 15 that its controlling shareholder, Kexiang High-tech Development Co., Ltd., is planning to transfer approximately 14.33% of its shares to Guangxi Modern Logistics Group Co., Ltd. or its designated entity, which may result in a change of control [4]. - Kexiang High-tech currently has over 90% of its shares pledged, indicating a high financial risk [1][4]. Group 2: Financial Performance - Dongfang Zhizao has experienced a continuous decline in net profit since 2022, with a significant drop in the first three quarters of this year, where revenue decreased by 9.13% to approximately 2.19 billion yuan, and net profit fell by 96.08% to about 1.33 million yuan [6]. - The company’s net profits for 2022, 2023, and 2024 are projected to be approximately 107 million yuan, 43.94 million yuan, and 16.61 million yuan, respectively, indicating a downward trend [6][7]. - Due to failing to meet performance commitments, Kexiang High-tech had to fulfill a performance compensation obligation of 211 million yuan, which has been fully paid [7].