Core Viewpoint - Jiangsu Leili has made significant progress in its generational transition with a change in the shareholding structure of its controlling shareholder, Changzhou Leili Investment Group [2][3] Shareholding Structure Changes - Su Jianguo transferred 36.81% of his shares in Leili Investment to his son Su Da, resulting in Su Da holding 47.01% and Su Jianguo holding 3.99% post-transfer [3] - Hua Rongwei transferred 15.68% of his shares in Leili Investment to his son Hua Sheng, leading to Hua Sheng holding 25.48% and Hua Rongwei holding 23.52% after the transfer [3] Company Background - Jiangsu Leili was founded in 1993 and is known for its micro and special motor research and manufacturing [11] - The company went public on the Shenzhen Stock Exchange in 2017 and has diversified into various sectors, including home appliances, automotive, and healthcare [11] Financial Performance - For the first half of 2025, Jiangsu Leili reported a revenue of 1.958 billion yuan, a year-on-year increase of 20.71%, and a net profit of 186 million yuan, up 8.45% [11] - Revenue growth in various segments includes home appliances (5.09%), automotive parts (63.72%), industrial control (34.49%), and healthcare (30.91%) [11] Market Capitalization - As of the announcement date, Jiangsu Leili's market capitalization was approximately 23.5 billion yuan, with Su Da's shares valued at about 5.243 billion yuan and Hua Sheng's shares at approximately 1.34 billion yuan [10]

Core Viewpoint - Jiangsu Leili has made significant progress in its generational transition with a change in the shareholding structure of its controlling shareholder, Changzhou Leili Investment Group, as the founder's son takes over a substantial portion of the shares [1][11]. Group 1: Shareholding Changes - Su Jianguo transferred 36.81% of Leili Investment's shares to his son Su Da, resulting in Su Da holding 47.01% and Su Jianguo retaining 3.99% [1]. - Hua Rongwei transferred 15.68% of Leili Investment's shares to his son Hua Sheng, leading to Hua Sheng holding 25.48% and Hua Rongwei holding 23.52% [1]. - Prior to the transfer, Leili Investment held approximately 60.61% of Jiangsu Leili's shares, with Su Da and Hua Sheng acquiring about 22.31% and 9.50% of the listed company, respectively [7][9]. Group 2: Company Background - Jiangsu Leili, founded in 1993, is a well-known manufacturer of micro-special motors and was listed on the Shenzhen Stock Exchange in 2017 [12]. - The company has diversified its operations, entering the medical field through the acquisition of Dingzhi Technology in 2019 and expanding into the automotive sector with subsidiaries [12]. - For the first half of 2025, Jiangsu Leili reported a revenue of 1.958 billion yuan, a year-on-year increase of 20.71%, and a net profit of 186 million yuan, up 8.45% [12].