Shenzhen Prince New Materials (SZ:002735) Xin Lang Cai Jing·2025-12-16 14:49Core Viewpoint - The announcement from Wangzi New Materials (002735.SZ) regarding the passing of its controlling shareholder Wang Xiaojun and the subsequent inheritance of shares by his children indicates a change in the company's ownership structure, which may impact its governance and strategic direction [1][6]. Shareholding Changes - Wang Xiaojun held 11.2504 million shares, which will be inherited by his son Wang Xiaolong (5.6252 million shares, 1.47% of total shares) and daughters Wang Dan and Wang Xiaojie (each holding 2.8126 million shares, 0.74% of total shares) [1][6]. - The number of actual controllers and their concerted actions decreased from four individuals to three, with the shareholding ratio of the actual controllers dropping from 34.9999904% to 32.0549% [1][6]. Market Performance - As of December 16, the stock price of Wangzi New Materials was reported at CNY 15.13 per share, with a total market capitalization of CNY 5.78 billion [3][8]. - The estimated market value of the inherited shares is approximately CNY 170 million based on the closing price [3][8]. Business Overview - Wangzi New Materials is primarily engaged in plastic packaging and film capacitor businesses, with a focus on applications in new energy vehicles, photovoltaics, wind power, and controlled nuclear fusion [6][11]. - For the first three quarters of 2025, the company reported revenue of CNY 1.566 billion, representing a year-on-year increase of 19.35%, and a net profit of CNY 17.6962 million, up 37.36% year-on-year [6][11].