东莞首富完成交接班，38岁儿子接棒800亿产业帝国，重金布局AI与具身智能

Core Viewpoint - Dongyangguang (600673) announced an internal adjustment of its shareholding structure, with controlling shareholder Guo Meilan transferring her stakes in subsidiaries to her son Zhang Yushua, who becomes the new controlling person of the company [1][3]. Shareholding Structure Adjustment - Guo Meilan transferred 71.75% of her shares in Luyuan Yunen Electronics and 74.63% in Luyuan Xinjing Technology to Zhang Yushua, resulting in her no longer holding any shares in these companies [1][3]. - Following the transfer, Zhang Yushua directly holds 99.20% of Luyuan Yunen Electronics and 75.00% of Luyuan Xinjing Technology, indirectly owning 100% of Shenzhen Dongyangguang Industrial Development Co., thus holding 1,164,828,691 shares of Dongyangguang, accounting for 38.70% of the total share capital [3]. Company Background and Financial Performance - Dongyangguang Group was founded in 1997 and has diversified its business into five main sectors: electronic components, high-end aluminum foil, chemical new materials, energy materials, and liquid cooling technology, with a global market share of approximately 30% in chemical foils [7]. - In the first three quarters of 2025, Dongyangguang achieved a revenue of 10.97 billion yuan and a net profit attributable to shareholders of 906 million yuan [7]. Leadership Transition - Zhang Yushua, aged 38, has taken over leadership from his mother Guo Meilan, who is 62 years old. Zhang is now recognized as the new richest person in Dongguan with a wealth of 40 billion yuan [5][10]. Strategic Initiatives and Industry Positioning - Under Zhang Yushua's leadership, Dongyangguang is actively pursuing upgrades and strategic transformations, particularly in AI and embodied intelligence sectors [13]. - The company has established a joint venture with Zhongji Xuchuang, investing 100 million yuan to enhance its capabilities in liquid cooling technology [13]. - Dongyangguang also made a significant acquisition of Qinhuai Data's China operations for 28 billion yuan, marking the largest merger in China's IDC industry [13]. Recent Developments in AI and Embodied Intelligence - Dongyangguang has formed a partnership with Zhiyuan Robotics and Peking University to create a new company focused on embodied intelligence, with initial market orders amounting to 7 million yuan and revenue of 1.119 million yuan in the first half of 2025 [14].