Bohai Leasing(SZ:000415) 券商中国·2025-11-09 08:35Core Viewpoint - The financial leasing industry is witnessing significant equity transfers, with Bohai Leasing's subsidiary Tianjin Bohai transferring its stake in Wanjing Jin Leasing to Anhui Jiaokong Group, resulting in the latter achieving absolute control over the company [1][4]. Group 1: Equity Transfer Details - On November 7, Bohai Leasing announced the transfer of 818 million shares of Wanjing Jin Leasing, which will increase Anhui Jiaokong Group's stake from 42.31% to 63.28% [1]. - Wanjing Jin Leasing was established in late 2011 with an initial registered capital of 3 billion yuan, and Tianjin Bohai originally held a 55% stake [2]. - Following a series of transactions, including a stock reform and capital increase, Tianjin Bohai's stake decreased to 20.97% before the latest transfer [3][4]. Group 2: Market Trends - There have been at least ten significant equity transfers in the financial leasing sector this year, but the overall transaction success rate has been low [5]. - Notable transactions include the transfer of 30% of Aerospace Jin Leasing's equity with a starting price of 1.421 billion yuan, and the unsuccessful auction of 24.64% of Jiyin Jin Leasing's equity [5][6]. - The implementation of the "Financial Leasing Company Management Measures" has raised the minimum registered capital requirement to 1 billion yuan and increased the major initiator's shareholding requirement from 30% to at least 51% [6].