Core Viewpoint - The actual controllers of Xiling Information, He Kaiwen and Yue Yamei, are transferring a total of 5.01% of their shares to Jiafeng (Shanghai) Private Fund Management Co., Ltd. for approximately 212 million yuan, marking their second share transfer in recent months. This move indicates a significant cash-out totaling about 758 million yuan, which will result in the couple relinquishing control of the company [1][2][3]. Group 1: Share Transfer Details - He Kaiwen and Yue Yamei signed a share transfer agreement to sell 9.5961 million shares, representing 5.01% of the total share capital, at a price of 22.11 yuan per share, totaling approximately 212 million yuan [2]. - This is the second time the couple has planned a share transfer; the first involved transferring 19% of their shares for about 546 million yuan [1][3]. - If both transactions are completed, their combined shareholding will decrease to 8.68%, and they will no longer be the controlling shareholders of Xiling Information [3]. Group 2: Company Performance - Xiling Information has faced continuous financial struggles, with net profits declining for five consecutive years since its IPO in 2017, and it is expected to continue losing money in 2025 [1][4][7]. - The company reported a net loss of 403.66 million yuan in the first three quarters of 2025, with a year-on-year decline in net profit and non-recurring net profit of 58.12% and 36.83%, respectively [6]. - Since its listing, Xiling Information has raised a total of 424 million yuan through equity financing but has only distributed 19.265 million yuan in cash dividends to shareholders [5].