Oujia Holdings' controlling shareholders and others sell 10% stake at discount, cashing out about 307 million yuan
Editorial responsibility
- No named human review is recorded for this page.
- Source reporting is collected, normalized, translated or condensed automatically when needed.
- Automatically published source-backed update
On September 18, Oujiawan (SZ002614) announced that its actual controllers, Zou Jianhan and Li Wuling, along with natural person shareholder Wei Gang, signed an agreement on September 17 with Shanghai Yixin Private Fund Management Co., Ltd. (representing the 'Yixin Chengzhen Zunxiang No. 3 Private Securities Investment Fund') to transfer a total of 62.3739 million unrestricted shares. The shares represent 10% of Oujiawan's total equity, with a transfer price of 4.923 yuan per share and a total transaction value of approximately 307 million yuan. The article notes that this block trade has drawn market attention because the actual controllers have conducted multiple equity pledges this year and are now selling shares at the minimum discount allowed by regulations. Additionally, an unrelated natural person shareholder is joining the transfer, and the source of funds behind the acquiring private fund product remains subject to further investigation.
Source report
September 18 — Oujiawa Technology Co., Ltd. (SZ002614) disclosed on the evening of September 18 that its actual controllers Zou Jianhan and Li Wuling, along with natural-person shareholder Wei Gang, have signed a Block Trade Agreement with Shanghai Yixin Private Fund Management Co., Ltd. (on behalf of the "Yixin Chengzhen Zunxiang No. 3 Private Securities Investment Fund") on September 17.
The parties plan to transfer a total of 62.3739 million shares of unrestricted tradable stock.
Key Transaction Details
| Item | Detail | |------|--------| | Shares transferred | 62.3739 million shares | | Percentage of total equity | 10% | | Transfer price per share | RMB 4.923 | | Total transaction value | Approximately RMB 307 million |
Market Attention
According to National Business Daily, the block trade—valued at over RMB 300 million—has drawn significant market attention for two main reasons:
1. Repeated Pledging and Cash-Out at Minimum Discount
- The actual controllers have conducted multiple equity pledges earlier this year.
- The current transfer is priced at the minimum discount allowed under block trade rules, effectively enabling a cash-out.
2. "Co-selling" by Unrelated Shareholders
- A natural-person shareholder with no disclosed affiliation to the actual controllers is participating in the same block trade.
- The source of funds behind the acquiring private fund product remains subject to further regulatory scrutiny.
"Co-selling" Share Reduction
(Note: The original text appears to be truncated at this point.)
Source
每日经济新闻Neutral / independent
Part of this Story
Ogawa controllers and shareholder sell 10% stake for 307 million yuan to young private equity fund