Group 1 - The core point of the news is the change of actual controllers for Ouma Software and Shanda Diwei, with shares being transferred to Shandong Guotou and Shandong Gaosu Group, resulting in a shift from Shandong University to the Shandong Provincial State-owned Assets Supervision and Administration Commission [1][8][12] Group 2 - Ouma Software's main business focuses on the research, development, sales, and service of information technology products in the examination and assessment field, reporting a revenue of 212 million yuan in 2024, a decrease of 3.88% year-on-year, and a net profit of 70.10 million yuan, down 8.35% year-on-year [6] - Shanda Diwei, a leading "AI + blockchain" technology service provider, achieved a revenue of 555 million yuan in 2024, an increase of 3.14% year-on-year, but reported a net profit of 64.08 million yuan, which is a decline of 21.04% year-on-year [10] Group 3 - The announcement follows a historical context where Shandong University had previously transferred shares of Shanda Industrial Group to Shandong Guotou, leading to a change in control for the listed company Shanda Huate [4] - Shanda Capital, established in July 2019 with a registered capital of 150 million yuan, is fully controlled by Shandong University and engages in activities such as mergers and acquisitions, asset restructuring, and equity investment [14] - In April 2025, both companies had previously disclosed plans for deepening the reform of university-affiliated enterprises, which could lead to changes in actual control [16]

Core Viewpoint - The control change plan for Shanda Diwei (688579) has been finalized, with the controlling shareholder shifting from Shanda Capital to Shandong High-speed Group, and the actual controller changing from Shandong University to the State-owned Assets Supervision and Administration Commission of Shandong Province [1][5]. Control Change - Shanda Capital plans to transfer 24.59% of its shares in Shanda Diwei to Shandong High-speed Group without compensation, retaining 4.99% of the shares post-transfer [5]. - The control change process began on April 10, 2023, in response to national policies regarding the reform of enterprises affiliated with universities [5]. - Shanda Diwei's main business includes smart human resources, smart medical insurance, and intelligent electricity usage, with revenue primarily from government departments and institutions [5]. Financial Performance - In the first half of the year, Shanda Diwei achieved revenue of 209 million, a year-on-year increase of 0.46%, and a net profit attributable to shareholders of 19.77 million, a decrease of 5.18% compared to the previous year [5]. - Since the announcement of the control change plan, Shanda Diwei's stock price has increased by 26%, with a current market capitalization of 4.6 billion [5]. Industry Reform - The reform of enterprises affiliated with universities has been ongoing since 2018, with several universities, including Tsinghua University and Fudan University, actively pursuing asset divestiture [6]. - Shandong University is further advancing this reform, with another company, Ouma Software, also planning to transfer 25.82% of its shares to a state-owned investment holding company [6]. Talent and Innovation - Shanda Diwei benefits from a strong talent pool, including 8 professors and 6 doctoral supervisors, as well as several innovation platforms and collaborations with top universities [6]. - The company has established multiple research centers and platforms for technology transfer and collaboration, enhancing its business capabilities [6]. Operational Stability - The company has stated that the share transfer will not affect its normal production and operations, which are currently stable [7].