Yesterday evening, Jinlong Co., Ltd. announced that it intends to clear all 20% of its shares in Dongguan Securities. According to preliminary estimates, this transaction will constitute a major asset restructuring, and the counterparty must pay the transaction price in cash. It is worth mentioning that in addition to holding 20% of the shares in Dongguan Securities, Jinlong Co., Ltd. also holds 67.78% of the shares in Zhongshan Securities. The company has previously sought transformation into fields such as computing power and new quality productivity, but it has yet to see any improvement. The direct reason for this “broken arm” was the heavy financial pressure on Jinlong Co., Ltd. — the 2026 semi-annual report showed that its net profit to mother plummeted 88.59% year over year to 14.2489 million yuan, and the balance ratio climbed to 80.85%. The reporter noticed that the successor would most likely point to Dongguan's state-owned assets. According to the agreement signed during the share transfer in August 2024, Dongguan Financial Holdings not only has priority purchasing rights, but also has compulsory purchase rights requiring Jinlong to transfer the remaining shares under specific conditions. If it takes another action this time, the Dongguan State-owned Assets Administration Commission's shareholding ratio in Dongguan Securities will rise from 75.4% to 95.4%, achieving almost complete control.

Yesterday evening, Jinlong Co., Ltd. announced that it intends to clear all 20% of its shares in Dongguan Securities. According to preliminary estimates, this transaction will constitute a major asset restructuring, and the counterparty must pay the transaction price in cash. It is worth mentioning that in addition to holding 20% of the shares in Dongguan Securities, Jinlong Co., Ltd. also holds 67.78% of the shares in Zhongshan Securities. The company has previously sought transformation into fields such as computing power and new quality productivity, but it has yet to see any improvement. The direct reason for this “broken arm” was the heavy financial pressure on Jinlong Co., Ltd. — the 2026 semi-annual report showed that its net profit to mother plummeted 88.59% year over year to 14.2489 million yuan, and the balance ratio climbed to 80.85%. The reporter noticed that the successor would most likely point to Dongguan's state-owned assets. According to the agreement signed during the share transfer in August 2024, Dongguan Financial Holdings not only has priority purchasing rights, but also has compulsory purchase rights requiring Jinlong to transfer the remaining shares under specific conditions. If it takes another action this time, the Dongguan State-owned Assets Administration Commission's shareholding ratio in Dongguan Securities will rise from 75.4% to 95.4%, achieving almost complete control.