冠中生态实控人夫妇套现超3亿元“撤退”,成立仅2月的新股东“轻取”控制权
凤凰网财经·2025-10-17 12:58

Core Viewpoint - The article discusses the recent surge in the stock price of Guanzhong Ecological after its resumption of trading, driven by strategic capital operations including a significant acquisition and a change in control [3][4]. Group 1: Stock Performance and Capital Operations - Guanzhong Ecological's stock price increased from 11.2 yuan per share to a peak of 23.23 yuan per share, achieving a perfect doubling [3]. - The company announced two major transactions: a cash acquisition of 51% of Hangzhou Actuary Artificial Intelligence Technology Co., Ltd. for an estimated valuation of no more than 560 million yuan, and a transfer of control to Hangzhou Deep Blue Financial Whale Artificial Intelligence Technology Partnership [3][4]. - The acquisition will cost Guanzhong Ecological approximately 285.6 million yuan, while the actual controllers will realize over 326 million yuan through share transfers [3][4]. Group 2: Control Change and Share Transfer - The new controlling shareholder, Deep Blue Financial Whale, will acquire control at a low cost of 221 million yuan, holding 10.5% of the shares after the first phase of the transfer [4][11]. - The actual controllers, Li Chunlin and Xu Jianping, will transfer 21.7 million shares, amounting to 15.5% of the total shares, with a minimum transfer price of 15 yuan per share [11]. Group 3: Financial Performance and Concerns - Guanzhong Ecological has shown declining financial performance since its listing in 2021, with revenues dropping from 402 million yuan in 2021 to an estimated 145 million yuan in 2024, and a projected loss exceeding 70 million yuan for 2024 [4][11]. - The acquisition target, Hangzhou Actuary, has a high valuation with a price-to-earnings ratio of approximately 71 times, raising concerns about whether its performance can justify such a valuation [4][14]. Group 4: Company Background and Operations - Hangzhou Actuary was established in September 2022 and has limited operational history, with reported revenues of 47.97 million yuan and a net profit of 7.92 million yuan for 2024 [14]. - The company has faced scrutiny regarding its actual office presence and employee count, with reports indicating a significant drop in social security contributions from 9 employees in 2023 to only 2 in 2024 [17][19].