Financial Services Association, March 28 (Reporter Shen Shuhong) Investors have always paid attention to the trend of private equity giant Gao Yi Asset's holdings. Currently, Gao Yi has appeared on the list of the top ten tradable shares of nine listed companies, with a total market value of 14.358 billion yuan.

Overall, Gao Yi has now increased its holdings in 3 listed companies. 1 listed company's shareholding remains unchanged, 2 new companies have been added, and 3 listed companies have been reduced. From an industry perspective, Gao Yi Assets favors the basic chemicals and non-ferrous metals sector.

Take Feng Liu as an example. Gao Yi Linshan No. 1 Yuanwang, which he manages, held a total of 1,844 billion yuan in the three individual shares of Baofeng Energy, Angel Yeast, and Shanghai Jiahua at the end of last year. In November of last year, he added Angel Yeast twice; for Shanghai Jiahua and Baofeng Energy, he “increased and decreased” in the fourth quarter of last year.

The two products managed by Deng Xiaofeng have also been exposed, including stocks such as Zijin Mining, Wanhua Chemical, China Jushi, and China Aluminum, with a total market value of 12.122 billion yuan. Although he reduced his holdings in Zijin Mining for four consecutive quarters, the total market value of the shares held by Deng Xiaofeng was still 8.707 billion yuan; during the same period, he once again became the 10th largest tradable shareholder of Wanhua Chemical, with a market value of about 1,547 billion yuan; he also continued to increase his holdings in China Aluminum, with a total market value of 1,712 billion yuan.

In addition, the Jintaiyang Gao Yi Guolu No. 1 Chongyuan Fund managed by Qiu Guolu reduced its holdings of Tiandi Technology by 1.36 million shares, with a market value of 121 million yuan; Gao Yiliwei, managed by Zhuo Liwei, held 4.292,300 shares of Yangnong Chemical unchanged, with a market value of 271 million yuan.

Feng Liu favors Angel yeast

As a leader in domestic private equity, famous players under Gao Yi Asset have gathered. Qiu Guolu, Feng Liu, Deng Xiaofeng, and Zhuo Liwei all have products on the list of the top ten tradable shareholders of listed companies.

Among them, Gao Yi Linshan No. 1 Yuanwang, managed by Feng Liu, held a total of 1,844 billion yuan in the three individual shares of Baofeng Energy, Angel Yeast, and Shanghai Jiahua at the end of last year.

Of the three individual stocks mentioned above, Feng Liu added 1 new 1 minus 1 in the fourth quarter of last year. According to Angel Yeast's shares held by the top ten shareholders and the top ten shareholders with unlimited sales conditions as of November 20 last year, as of November 20 of last year, Gao Yi Linshan No. 1 Yuanwang No. 1 was the eighth largest tradable shareholder of Angel Yeast, holding 6.5 million shares, and the market value of shares held was 227 million yuan.

At the time, Angel Yeast's stock price was 34.86 yuan. After the buyback was announced, the company's stock price briefly rose to 37.20 yuan, and now the stock price is 28.88 yuan.

On December 1 of the same year, Angel Yeast once again announced the shareholding status of the top ten shareholders and the top ten shareholders with unlimited sales conditions. As of November 29, Feng Liu had increased her holdings of Angel Yeast by 1.65 million shares to 8.15 million shares, with a market value of 297 million yuan. This number of shares remained unchanged until the end of 2023.

It is worth mentioning that in addition to Feng Liu, the China-Europe pension industry managed by Xu Wenxing and the China-Eurovision Group have also increased their holdings of Angel Yeast to varying degrees; Zhu Hongyu's core competitiveness in investment promotion holds the Angel Yeast position unchanged.

According to the 2023 annual report released by Angel Yeast, the company achieved operating income of 13.581 billion yuan last year, an increase of 5.74% year on year; net profit of 1.27 billion yuan, down 3.86% year on year. The company plans to distribute a cash dividend of 5 yuan (tax included) to all shareholders for every 10 shares, for a total of 429 million yuan in cash dividends. Among them, the overseas market continued to be strong. In 2023, the company's international market achieved main business revenue of about RMB 4.786 billion, an increase of 21.99% over the previous year, faster than domestic growth.

Gao Yi Linshan No. 1 Yuanwang, managed by Feng Liu, also appeared in Shanghai Jiahua's shareholder list. In the fourth quarter of 2023, Feng Liu increased his holdings of Shanghai Jiahua by 500,000 shares through Gao Yi Linshan No. 1 Yuanwang Fund. The holdings rose to 3.8 million shares, and the market value of the shares held at the end of the period was about 80 million yuan. In the third quarter of last year, the product was newly added to Shanghai Jiahua's top ten tradable shareholders list. At the end of September, it held 3.3 million shares and held positions with a market value of 860.97 million yuan.

In addition, Feng Liu also reduced his holdings of Baofeng Energy by 10 million shares in the fourth quarter of last year. The number of shares held was reduced to 100 million shares, and the market value of the shares held was about 1,477 billion yuan. Contrary to this, Yifangda's supply reform, managed by Yang Zongchang, became the company's seventh-largest tradable shareholder, holding 54.571 million shares and holding a market value of about 806 million yuan.

Deng Xiaofeng is still heavily involved in Zijin Mining, and many shares have been increased

According to the annual report data disclosed so far, the Gao Yi Xiaofeng Hongyuan Pooled Fund Trust Plan managed by Deng Xiaofeng and the Gao Yi Xiaofeng Letter 2 Fund have revealed a number of heavy stocks, including stocks such as Zijin Mining, Wanhua Chemical, China Jushi, and China Aluminum, with a total market value of 12.122 billion yuan.

By the end of 2023, Deng Xiaofeng continued operations for the first three quarters of 2023. His management reduced his holdings in Zijin Mining to varying degrees, but the total market value of the two products held in the stock was still 8.707 billion yuan. Among them, Gao Yi Xiaofeng's 2nd Letter Fund reduced its holdings of Zijin Mining to 402 million shares, with a market value of about 5.06 billion yuan at the end of the period; Gao Yi Xiaofeng Hongyuan Pooled Fund Trust Plan reduced its holdings of Zijin Mining to 297 million shares, with a market value of about 3.71 billion yuan at the end of the period.

As a mining giant with copper and gold, Zijin Mining has performed well in the market in recent years, and has been making great strides recently. Compared to the end of September 2022, the company's stock price has now doubled.

In the fourth quarter of last year, Deng Xiaofeng was once again the tenth largest tradable shareholder of Wanhua Chemical. Gao Yi Xiaofeng 2nd Letter Fund held 2014.16 million shares of the company, with a market value of about 1,547 billion yuan. Earlier in the fourth quarter of 2021, Gao Yi, Xiaofeng, and Hongyuan Pooled Fund Trust Plan was also the company's 10th largest tradable shareholder, holding 12.163,300 shares and holding a market value of 1,228 billion yuan.

According to the annual report, Wanhua Chemical achieved revenue of 175.316 billion yuan in 2023, up 5.92% year on year; net profit of 16.816 billion yuan, up 3.59% year on year.

In the same period, the two products handled by Deng Xiaofeng continued to increase their holdings in China Aluminum in the fourth quarter of last year. Among them, Gao Yi's Xiaofeng Hongyuan Pooled Fund Trust Program's holdings increased to 156 million shares, and Gao Yi Xiaofeng's No. 2 letter fund holdings increased to 148 million shares. The total market value of shares held by these products was 1,712 billion yuan.

Earlier in the third quarter of 2023, the above two products managed by Deng Xiaofeng also increased China Aluminum's holdings by 148.635 million shares, bringing the number of shares held to 273 million shares, and the market value of shares held at the end of the period reached 1,712 billion yuan.

In terms of stock price performance, China Aluminum's performance in the fourth quarter of last year was slightly mediocre, but since late January this year, it has rapidly recovered, rising from a low of 4.9 yuan to 7.1 yuan today.

According to China Aluminum's 2023 annual report, during the reporting period, the company achieved operating income of 225.071 billion yuan, a year-on-year decrease of 22.65%; net profit attributable to shareholders of listed companies was 6.717 billion yuan, an increase of 60.23% year on year; and net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 6.614 billion yuan, an increase of 111.27% year on year.

In the fourth quarter of 2023, Deng Xiaofeng also held 454,096 million shares of China Jushi through Gao Yi's Xiaofeng Hongyuan Pooled Fund Trust Program, with a market value of about 446 million yuan; held 42.967 million shares of China Jushi through Gao Yi's Xiaofeng No. 2 Letter Fund, with a market value of about 422 million yuan.

In the previous quarter, the two products managed by Deng Xiaofeng reduced the total holdings of China Jushi by about 14.51 million shares. The number of shares held fell to 86.5794 million shares, and the total market value of shares held was 1,169 billion yuan.

Qiu Guolu reduced his holdings in Tiandi Technology, and Zhuo Liwei's holdings in Yangnong Chemical remained unchanged

In the fourth quarter of last year, the Golden Sun Gao Yi Guolu No. 1 Chongyuan Fund managed by Qiu Guolu reduced its holdings of Tiandi Technology by 1.36 million shares. At the end of the period, it still held 22.3042 million shares, with a market value of 121 million yuan.

Gao Yiliwei, managed by Zhuo Liwei, a subsidiary of Gao Yi Asset, held 4.292,300 shares of Yangnong Chemical unchanged, with a market value of 271 million yuan. In the third quarter of last year, he increased his holdings of Yangnong Chemical by 995,500. At that time, the market value of his holdings was 296 million yuan.

Also in the fourth quarter of 2023, the 106 portfolio of the National Social Security Fund increased its holdings of Yangnong Chemical; Yifangda New Revenue, managed by Zhang Qinghua, reduced its holdings in Yangnong Chemical. The other two products he managed — Yifangda Yufeng Return, and the number of shares held by Yifangda Yuexing in a year remained unchanged. At the same time, the Sino-Thai Xingyuan Value Choice managed by Jiang Cheng also reduced Yangnong Chemical's holdings.

In 2023, the company achieved revenue of 11.478 billion yuan, a year-on-year decrease of 27.41%, and realized net profit to mother of 1,565 billion yuan, a year-on-year decrease of 12.77%. Among them, revenue for the fourth quarter was 2.04 billion yuan, which was basically the same; net profit to mother was 204 million yuan, a decrease of 13.92% over the previous quarter.