Changjiang Business Daily reporter Shen Yourong
New energy vehicle parts supplier Hua Feng (002806.SZ) equity structure has changed.
On the evening of November 11, Huafeng issued a prompt announcement for changes in shareholders and interests of more than 5%of the shareholders. The share ratio of "Guangdong Science and Technology") was reduced to 5.05%.The main reason is reduction of holdings and passive dilution.
Guangdong Science and Technology was once the second largest shareholder of Huafeng. In July 2016, when Huafengs IPO was listed, it held 21.56%of the companys shares.After 2018, the company has reduced its holdings many times. By the end of 2021, its holding ratio was 9.98%.From April 2022 to August 2023, Guangdong Science and Technology Cumulatively reduced its holdings of 9.3776 million shares through centralized bidding transactions, cumulative cumulative cash of about 110 million yuan.
In addition, in July 2021, May 2022, Huafeng shares have successively repurchased shares to cancel; from September 10, 2021 to November 7, 2024 Convertible debt swaps.
The above changes have led to a decrease of 5%of the shareholding ratio of Guangdong Science and Technology and Innovation in Huafeng.
Guangdong Science and Technology is a venture capital company. The Group is a state -owned enterprise authorized by the Guangdong Provincial Peoples Government. It is one of the earliest venture capital institutions in China. The Guangdong Provincial Peoples Government and the Guangdong Provincial Department of Finance hold 90%and 10%respectively.
The Changjiang Business Daily Pentium reporter noticed that Guangdong science and technology will continue to reduce the holding of Huafeng.On October 26 this year, Huafeng disclosed that the Guangdong Science and Technology Plan plan was within three months after the disclosure of this announcement (ie November 18, 2024 to February 17, 2025) The bidding method reduction does not exceed 1.9018 million shares (that is, not exceeding 1%of the companys total share capital).
The second largest shareholder has been busy with Huafeng Co., Ltd., which has poor operating performance in recent years.
Huafeng Co., Ltd. is mainly engaged in the development, production, sales and technical services of new energy vehicle electrical control and driving systems, while maintaining the development, production, and sales of electrode foil.
In recent years, new energy vehicles have flourished, but Hua Feng has not enjoyed the rapid development of new energy vehicles.From 2020 to 2023, the companys operating income was 440 million yuan, 688 million yuan, 658 million yuan, and 719 million yuan, a year-on-year change of -37.66%, 56.29%,-4.39%, 9.31%; The net profit (hereinafter referred to as "net profit") was -305 billion yuan, 62.7276 million yuan, -960,500 yuan, and -324 billion yuan, respectively.
In response to a large loss in 2023, the company explained that the results of the early acquisition of science and engineering have not reached expectations, and the impairment loss of the merchants reputation was 244 million yuan.In addition, the price of electrode foil business has declined, insufficient boot, and increased costs.
In the first three quarters of this year, Huafengs operating performance improved slightly, and its operating income was 726 million yuan, an increase of 39.28%year -on -year; For profit, the net profit of deducting non -recurring profit and loss still loses 3.2765 million yuan.
Wind data shows that since its listing in 2016, the companys net profit has cumulatively -404 million yuan.
Due to poor operation, since 2020, Huafeng has not distributed cash dividends for four consecutive years.