KONKA GROUP(SZ:000016) 中国基金报·2025-08-17 02:00Core Viewpoint - Konka has officially become a business unit under the technology and emerging industries sector of China Resources Group, marking a significant integration process [2][3]. Company Overview - Founded in 1980, Konka was the first Sino-foreign joint venture electronics company established after China's reform and opening up. It transitioned to a public company in 1991 and listed its A and B shares on the Shenzhen Stock Exchange in 1992. The company focuses on consumer electronics and semiconductor technology, with brands like "KONKA" and "Xinfly" recognized as famous trademarks in China [4]. Financial Performance - Konka has faced continuous financial pressure due to intensified industry competition and transformation challenges, resulting in three consecutive years of losses. The net profit attributable to shareholders for 2022, 2023, and 2024 was a loss of 1.471 billion yuan, 2.164 billion yuan, and 3.296 billion yuan, respectively. For the first half of 2025, the company expects a net profit loss of between 360 million yuan and 500 million yuan [4]. Shareholder Changes - On April 9, 2025, Konka announced a change in its controlling shareholder as part of a professional integration initiative among state-owned enterprises. The shares held by the previous controlling shareholder, Overseas Chinese Town Group, were transferred to China Resources Group's subsidiaries [6][8]. Management Restructuring - Following the change in controlling shareholders, Konka has made organizational adjustments to align with China Resources Group's strategic integration. New board members and senior management with strong backgrounds in China Resources have been appointed [12][13][14]. Strategic Goals - At the integration announcement on August 15, 2023, the Vice Chairman of the State-owned Assets Supervision and Administration Commission expressed hopes for Konka to accelerate its transformation and upgrade, enhance technological innovation, and achieve new breakthroughs in key technologies. The Chairman of China Resources Group emphasized the need for Konka to clarify its strategic direction and optimize resource allocation [15][18]. Market Position - As of August 15, 2023, the stock price of Deep Konka A was 5.33 yuan, with a market capitalization of nearly 9.5 billion yuan [18].