EASTMONEY(SZ:300059) 券商中国·2025-07-25 00:55Core Viewpoint - The article discusses the recent share transfer of 1% of Oriental Fortune's shares by its actual controller's father, Shen Yougen, to 17 prestigious institutional investors, aiming to optimize the company's equity structure and attract long-term investment [1][4][9]. Summary by Sections Share Transfer Details - Shen Yougen transferred 15,880,000 shares, representing 1% of the total share capital, at a price of 21.66 CNY per share, totaling approximately 3.44 billion CNY [2][5]. - The transfer was conducted through a non-public inquiry method, with a six-month lock-up period for the acquiring institutions [6]. Institutional Investors - The transfer involved a notable lineup of 17 institutional investors, including prominent entities like E Fund, Abu Dhabi Investment Authority, Morgan Stanley, and JPMorgan [2][5]. - E Fund acquired the largest share, totaling 7,150,000 shares, while Abu Dhabi Investment Authority purchased 2,500,000 shares [5]. Impact on Shareholding Structure - Following the transfer, Shen Yougen's shareholding decreased from 1.2% to 0.19%, while the combined shareholding of the actual controller and concerted parties fell from 22.90% to 21.89% [7][8]. - The company stated that this change would not affect the control structure or governance significantly [8]. Strategic Intent - The funds raised from the share transfer are intended for investment in technology startups, reflecting a strategic move to enhance the company's growth potential [9]. - The introduction of high-quality long-term institutional investors is expected to foster a healthy capital market cycle and create new business opportunities for Oriental Fortune [10]. Financial Performance - Oriental Fortune reported a revenue of 11.604 billion CNY for 2024, a year-on-year increase of 4.72%, and a net profit of 9.61 billion CNY, up 17.29% [10]. - In Q1 2025, the company achieved a total revenue of 3.486 billion CNY, marking a 41.93% year-on-year growth, with a net profit of 2.715 billion CNY, up 38.96% [10].