上半年亏损、股权流拍，东海基金回应

Core Viewpoint - Donghai Fund reported a net profit loss of 930,000 yuan in the first half of 2025, primarily due to the consolidation of its subsidiary Donghai Ruijing Asset Management, while the parent company achieved a profit of 300,000 yuan [3][5]. Financial Performance - Donghai Fund's revenue for the first half of 2025 was 32.69 million yuan, representing a year-on-year increase of 21.06% compared to the first half of 2024 [5]. - The net profit loss of 930,000 yuan in 2025 was a significant improvement from a loss of 5.4478 million yuan in the same period of the previous year [5]. - The parent company of Donghai Fund reported a net profit of 300,400 yuan for the first half of 2025 [3][5]. Fund Management and Growth - As of the end of Q2 2025, Donghai Fund managed a non-monetary fund scale of 28.42 billion yuan, with over 98% of this attributed to bond funds, ranking 91st in the industry [10]. - Donghai Fund's equity funds have underperformed, with significant declines in net asset value over the past five years [13]. Capital Increase and Shareholding - In February 2024, Donghai Fund completed a capital increase of 15 million yuan, with Donghai Securities holding a 45.8468% stake post-increase [13]. - The capital increase was fully paid by the end of February 2024, and the registration changes are currently in process [13]. Share Transfer Issues - Donghai Fund has faced challenges in share transfers, with a portion of its shares being frozen due to legal issues involving a shareholder [15]. - The shares were divided for auction, with some portions successfully sold while others faced multiple failed auction attempts [15].