New Oriental may also make big moves in the A-share market? After the industry has undergone tremendous changes, should the big brother still step forward to cheer for the industry and provide shelter from the wind and rain?
Recently, a news release on a certain platform may involve an important capital layout of New Oriental in the A-share market. Although the relevant information is still relatively vague at present, perhaps we can wait and see.
Linping Guotou joins forces with Hangjin Investment, two major state-owned enterprises to layout New Oriental Special Fund projects
Recently, a user with the ID "Li Yan Investment Notes" on a certain platform posted a message under their account as shown in the following picture: "New Oriental will have a listed company on the A-share market, which has been confirmed by a certain inspection team. Why don't you check the public information carefully?" Subsequently, it sparked a heated discussion on their account.
The relevant discussion refers directly to the push article titled "Announcement of the Communist Party of China Hangzhou Linping State owned Capital Investment and Operation Co., Ltd. Committee on the Progress of the Tenth Round of Inspection and Rectification by the First District Committee" published by the WeChat official account "Linping Guotou" on October 25th. The reporter found that there is indeed relevant information disclosed under the subtitle "Rectification of Insufficient Outward Investment in 05" in the article. The specific content is as follows: "Fourthly, we will cooperate with Hangjin Investment to invest in the New Oriental Special Fund project, which will be used to acquire an A-share listed company and gradually promote its industrial landing zone. The listed company will also become the only capital operation entity of New Oriental Group in the A-share market. The current project company has been registered and landed
In just a short paragraph, it can be said that a massive amount of information has been disclosed. Firstly, it involves two major state-owned investment institutions, namely Linping Guotou and Hangjin Investment; Secondly, investing in the New Oriental Special Fund project to acquire an A-share listed company; Finally, the company will become the sole capital operation entity of New Oriental in the A-share market. This sentence can be said to fully display its weight.
Regarding this, Blue Whale News reporters verified with both New Oriental and Linping Guotou. Regarding this, the official statement of New Oriental stated that the content of the "New Oriental Special Fund Project in Cooperation with Hangjin Investment" released by the Linping Guotou Public Account, which is used to acquire an A-share listed company and gradually promote its industrial landing in the area, will also become the only capital operation entity of New Oriental Group in the A-share market. The current project company has been registered and landed, and has nothing to do with New Oriental Group. As for Linping Guotou, according to relevant information from Tianyancha, the company's official website cannot be accessed through external links, but there is a publicly available company phone number. Blue Whale News sent a telegram to Linping Guotou, but no one answered.
Blue Whale News has once again checked public information and found that this target has not been disclosed excessively, making it impossible to accurately locate the listed company or even determine the accuracy of the relevant information disclosed by Linping Guotou. But while tracing the information, the reporter found that a listed company had already established strong ties with New Oriental and Hangzhou at the end of April this year.
Is it true that New Oriental's A-share "partners" are involved?
On April 30th of this year, A-share listed company Langyuan Co., Ltd. (SZ300175) issued an announcement regarding the signing of a Voting Power of Attorney Agreement by its controlling shareholder and actual controller, as well as a change in the company's control rights.
The core content of the announcement is that on April 30th, Xinjiang Shanglong, the controlling shareholder of Langyuan Shares, and its actual controller Wang Guimei signed a "Voting Power Entrustment Agreement" with Dongfang Xingzhi. Xinjiang Shanglong and Wang Guimei respectively entrusted the voting rights corresponding to their 52.8 million shares and 59.953 million shares of the company, totaling 113 million shares (accounting for 23.95% of the company's total share capital), to Dongfang Xingzhi for exercise in accordance with the provisions of the "Voting Power Entrustment Agreement".
After the effective date of the Voting Rights Entrustment Agreement, Dongfang Xingzhi will become the controlling shareholder of the company, and Zhao Zheng will become the actual controller of the company; Zhao Zheng, Wang Guimei, Qi Yongmao, and Xinjiang Shanglong form a concerted action relationship.
On the same day, all parties signed the "Loan Agreement" and "Stock Pledge Agreement". Xinjiang Shanglong and Wang Guimei should respectively pledge their 52.8 million shares and 59.953 million shares to Dongfang Xingzhi, who will provide a loan of 200 million yuan to Xinjiang Shanglong and Wang Guimei.
What are the backgrounds of the two parties involved in this announcement?
One is Langyuan Shares. According to the 2024 semi annual report of Langyuan Corporation, the company has two main businesses. One is agricultural and sideline product processing business: The company's agricultural and sideline product processing business mainly involves the processing, production, and sales of dried fruits, nuts, kernels, and fresh fruits. The company has established cooperation with well-known brands and baking enterprises such as Qiaqia Food, Three Squirrels, Qingdao Wolong, Peach and Plum Bread, Tianhong Nut, Starbucks, Zhiweixuan, Panpan Food, Xufuji, Meizhenxiang, Hunan Damai, and Haidilao. Second, data center business: The company's data center project located in Taiyuan mainly provides cabinet rental services, with more than 1400 cabinets currently available for rent.
The second is the knowledge of the East. The full name of Dongfang Xingzhi in the announcement is "Hangzhou Dongfang Xingzhi Equity Investment Fund Partnership Enterprise (Limited Partnership)", established on December 25, 2023, and managed by Xingzhi Capital.
Xingzhi Capital, on the other hand, was jointly established and fully managed by the investment team led by Zhao Zheng, former General Manager of the Investment Division of New Oriental Group, as the New Oriental Industrial Fund. With over 30 years of operational service experience and resources in the fields of culture, education, and technology, Xingzhi Capital has expanded its industrial layout to modern agriculture and big health industries, while always running through the main line of technology empowerment and actively participating in equity investment opportunities in national strategic emerging industries.
Currently managing multiple dual currency funds, while diversifying into rural revitalization funds and merger and acquisition special funds. We have invested in hundreds of enterprises with a market value of over 100 billion yuan, covering multiple industries such as culture, education, sports, consumer goods, health, information technology, agricultural technology, and intelligent manufacturing.
For this cooperation, Langyuan Stock also issued an announcement on May 16th regarding abnormal stock trading fluctuations and risk warnings. The "risk warning" in the announcement states that the controlling shareholder of the company is Hangzhou Dongfang Xingzhi Equity Investment Fund Partnership Enterprise (Limited Partnership) (hereinafter referred to as "Dongfang Xingzhi"), and the actual controller is Zhao Zheng. The other investors of Dongfang Xingzhi are only investors; At present, Dongfang Xingzhi has not planned any major capital operations such as asset injection or asset replacement for our company, and is a completely independent operating entity from New Oriental Group; The company has not yet engaged in business cooperation with New Oriental Group and its affiliates.
But there is a coincidental overlap between the information in the April 30th announcement and the article pushed by the Linping Guotou Public Account: the registered address of Dongfang Xingzhi (Hangzhou) is in Linping District, Hangzhou City.
From the above public information, it seems that there is no connection between Langyuan Shares and New Oriental. Just considering the listed company identity and main business situation of Langyuan Group, it seems to have some compatibility with the current capital and business layout of New Oriental Group. New Oriental's A-share "partners", combined with the information disclosed in the announcement, seem to be true.
Can New Oriental become a giant in the US/Hong Kong/A-share market in the future? It is currently unknown, but from the relevant layout, it already has the strength for such development. Now, perhaps we also have the qualifications for such development?