ZhiLifang's actual controller cashed out 95.52 million yuan within 3 months; listed in 2022, raised 740 million yuan.

China Economic Net Beijing, April 7 — ZhiliFang(301312.SZ) recently disclosed an announcement regarding the expiration of the company’s controlling shareholder and actual controller’s concerted action shareholder’s share reduction plan, stating that the company disclosed the “Pre-disclosure Announcement on the Share Reduction Plan of the Controlling Shareholder and Concerted Action Shareholders of the Company” (Announcement No.: 2025-048) on December 10, 2025. The company’s controlling shareholder and concerted action shareholder Shenzhen Qunzhi Fangli Technology Partnership (Limited Partnership) (hereinafter referred to as “Qunzhi Fangli”) holds 4,468,800 shares of the company (accounting for 3.69% of the total share capital). They plan to reduce their holdings by no more than 1,454,167 shares, accounting for 1.20% of the company’s total share capital, within three months after the announcement of the reduction plan (from January 5, 2026, to April 4, 2026, excluding periods prohibited by relevant laws and regulations), through centralized bidding transactions or block trades.

Recently, the company received a “Notice of Expiration of the Reduction Plan” issued by shareholder Qunzhi Fangli. As of the announcement date, the reduction plan has expired. From January 5, 2026, to March 5, 2026, Qunzhi Fangli reduced 1,211,800 shares through centralized bidding at an average price of 64.14 yuan per share; on March 20, 2026, Qunzhi Fangli reduced 234,491 shares through block trading at an average price of 75.90 yuan per share.

According to calculations, Qunzhi Fangli cashed out approximately 95.5227 million yuan from this reduction.

Fangli was listed on the Shenzhen Stock Exchange Growth Enterprise Market on July 11, 2022, with an issuance of 10.24M shares at an issue price of 72.33 yuan per share. The sponsor was Minsheng Securities Co., Ltd. (now “Guolian Minsheng Securities Co., Ltd.”), with Wei Xionghai and Liao Yu as sponsoring representatives.

The total funds raised by ZhiliFang upon listing amounted to 740.3475 million yuan. After deducting issuance expenses, the actual net funds raised were 667.3991 million yuan.

The company’s final net fundraising amount exceeded the original plan by 66.9551 million yuan. The prospectus disclosed before listing indicated that the company planned to raise 10.24M yuan for automation equipment capacity enhancement projects, R&D center upgrades, and working capital supplementation.

The company’s issuance expenses totaled 72.9484 million yuan, including underwriting and sponsorship fees of 53.3243 million yuan.

On May 9, 2023, the company announced a 1-for-2.5 bonus issue and a pre-tax dividend of 10 yuan per 10 shares, with the record date on May 12, 2023, and the ex-dividend and ex-right date on May 15, 2023; on May 23, 2024, the company announced a 1-for-2.5 bonus issue and a pre-tax dividend of 5 yuan per 10 shares, with the record date on May 29, 2024, and the ex-dividend and ex-right date on May 30, 2024; on May 21, 2025, the company announced a 1-for-2.5 bonus issue and a pre-tax dividend of 4 yuan per 10 shares, with the record date on May 28, 2025, and the ex-dividend and ex-right date on May 29, 2025.

(Editor: He Xiao)