Lei Jianping on January 11
Gujia Home Furnishing Co., Ltd. (hereinafter referred to as "Gujia Home", *603816) recently issued an announcement, saying that it received a notice from Ningbo Infore Ruihe Investment Management *** referred to as "Infore Ruihe Investment"), Gujia Group *** referred to as "Gujia Group") and TB Home Limited (hereinafter referred to as "TB Home"), Gujia Group and TB Home have transferred a total of 241,838,695 shares of Gujia Home Furnishing shares held by Gujia Home to Infore Ruihe Investment. The transfer of ownership has been completed.
After the completion of this transaction, Infore Ruihe Investment holds 2942%, becoming the largest shareholder of the company; Gu Jiangsheng's family's shareholding fell to 1802%。The controlling shareholder of Gujia Home Fnishing has been changed from Gujia Group to Infore Ruihe Investment, and the actual controller of the company will also be changed from Gu Jiangsheng, Gu Yuhua and Ms. Wang Huoxian to He Jianfeng.
After the completion of this transaction, Infore Ruihe Investment became the controlling shareholder of Gujia Home.
This means that Gujia Home Furnishing is no longer "surnamed Gu", but has become the "prince" of Midea and the assets of He Jianfeng, the only son of He Xiangjian.
Gu Jiangsheng's family cashed out 14200 million
Infore Group was established in 1994 and has been 29 years. The chairman of Infore Group is the only son of He Xiangjian, the actual controller of Midea Group, He Jianfeng.
He Jianfeng currently serves as a director of Midea Group, but does not participate in the day-to-day operation of Midea Group, which is responsible for the operation of Midea Group by a team of professional managers headed by Fang Hongbo, chairman and president of the company.
Infore Group's industrial layout in the five major fields of environment, culture, investment, science and technology, and consumption, has listed companies "Infore Environment", "Baina Qiancheng", and also has brands such as Momi Children's Wear and Huayi International, with a business scale of nearly 20 billion yuan in 2021.
Behind this seeking to control Gujia Group, Infore Group is also seeking to further expand and integrate its business territory.
In the early years, Gu Jiangsheng followed his father Gu Yuhua to cultivate the family business. After Gu Yuhua handed over the business to Gu Jiangsheng, Gu Jiangsheng learned from Midea and de-familyized the business.
For example, He Xiangjian handed over the family industry to Fang Hongbo, and Gu Jiangsheng poached Li Donglai, vice president of Midea Group, from Midea to be the president of the company.
From this point of view, it is not surprising that Gu Family Home Furnishing and He Jianfeng, the eldest son of Midea, talk about cooperation. However, friends are friends, and business is business.
In November 2023, Infore Ruihe Investment acquired a total of 241,838,695 shares of Gujia Home held by Gujia Group and TB Home by way of agreement transfer, accounting for 29 of the total share capital of Gujia Home42% and 42 for transfers**5,846 yuan shares, with a total transfer price of 10.3 billion yuan.
In just one and a half months, the agreement was changed to Infore Ruihe Investment to transfer a total of 241,838,695 shares of Gujia Home held by Gujia Group and TB Home by way of agreement transfer, accounting for 29 of the total share capital of Gujia Home42%, and the transfer** was adjusted to 367187 yuan shares, the total transfer price was adjusted to 88800 million yuan.
He Jianfeng slashed the price of Gujia Home, and the ** acquired directly dropped from 10.3 billion to 88800 million. This also means that Gu Jiangsheng's family has less cash out of 14200 million yuan.
And Gu Jiangsheng's family is still willing to serve as the controlling shareholder, which also shows that it is resolute.
Gujia Home Furnishing's revenue in the first three quarters was 14.1 billion
According to reports, Gujia Home Flourning was established in 1982, focusing on the research, development, production and sales of customized furniture products for living rooms, bedrooms and whole houses. In October 2016, Gujia Home Furnishing was listed on the Shanghai Stock Exchange.
Gujia Home's revenue in the first three quarters of 2023 was 1413.6 billion yuan, a year-on-year increase of 272%；net profit was 1.5 billion yuan, a year-on-year increase of 7%; Net profit after deducting non-profits was 136.5 billion yuan, a year-on-year increase of 653%。
Among them, Gujia Home's revenue in the third quarter of 2023 is 525.8 billion yuan, a year-on-year increase of 1078%；Net profit was 57.8 billion yuan, a year-on-year increase of 1274%；Net profit after deducting non-profits was 52.7 billion yuan, a year-on-year increase of 538%。
The ** subsidy included in the first three quarters of 2023 is 16.4 billion yuan, of which the ** subsidy included in the third quarter was 47.01 million yuan.
As of September 30, 2023, Gujia Group held 2547%, TB Home Limited holds 1397%, Hong Kong ** Clearing *** shareholding is 57%, Wuhu Jianxin Dingxin Investment Management Center (Limited Partnership) holds 5% of the shares, and Gujia Group holds 403%；
As of September 30, 2023, the shareholding structure of Gujia Home.
Gujia Group***Gujia Group*** In 2021, the special account for the pledge of non-public issuance of exchangeable corporate bonds held 397%, Hangzhou Jintou Qianzhen Enterprise Management Partnership (Limited Partnership) holds 197%, Chinese Life Asset Management China Guangfa Bank China Life Asset Dingkun Advantage Selection 2122 Insurance asset management products hold 172%, Li Donglai holds 165%, Chinese Life Insurance Shares *** Traditional General Insurance Products 005L CT001 Shanghai holds 12%。
Gujia Group, the controlling shareholder of the Company, holds a total of 275,130,401 shares of the Company, of which 32,670,000 shares are deposited in the special pledge account for Gujia Group's 2021 non-public issuance of exchangeable corporate bonds, and 33,086,208 shares are deposited in the pledge account of Gujia Group's 2021 non-public issuance of exchangeable corporate bonds (Phase II).
Gu Jiangsheng holds 66% of the equity of Gujia Group, Gu Yuhua and Wang Huoxian respectively hold % of the equity of TB Home, Gu Yuhua and Wang Huoxian are husband and wife, and Gu Jiangsheng is the son of Gu Yuhua and Wang Huoxian, so Gujia Group and TB Home constitute persons acting in concert.
At present, Midea Group is also in capital operation, and has submitted a prospectus to prepare for listing on the Hong Kong Stock Exchange. Once listed on the Hong Kong Stock Exchange, Midea Group will be listed on both Hong Kong stocks and A-shares.
Lei Di was founded by ** Lei Jianping, if ** please in**.