YZJ Fin Hldg    Last:0.24    +0.005

YZJFH - potentially rewarding

DJIA rebounded 588 points ....seem everything back to normal, President Trump Last week just anyhow talk only.

 

I am surprised that it did not go under $1.1. May face further tests depending on how Sino-US geopolitical tensions pan out. Both sides are now targeting each other ships and ports, among others, granted that old Ren has been reiterating that there is no anticipated direct impact on YZJF/YZJM businesses, the negative feel in itself is enough to damper share price. Long term investors do nothing now is the best, in fact, personally I think that it would be good to be able to act if the price come down to too attractive a level. 

 

looks like a necessary down to clear out weak holders.

this is the n time trump used very high tariff to fight. the later effect well known.
like cry wolf. effect getting lesser and lesser.

 

With spin off highly expected to be in early Nov 2025, I think the price actions from now till then is more or less over. The market has decided that a tad of premium above NAV, $1.11 vs $1.11 - $1.24 is all it is willing to give YZJF for now. The low end of $1.11 was seriously challenged on 29.9.25 but it withstood the test and bounced back at equal quick time. It has, however, never look able to cross $1.2 again since then. In the meantime, we have seen some activities in preparation for the past spin off YZJF, notably the $100m anchor investor and the Shanshan restructuring deal. The message that YZJF is strongly moving away from China DI cannot be clear enough. Personally I expect more news from now leading to the release of spin off introductory documents/prospectus. We should be able to see more information on businesses focus going forward post spin off for both YZJF and YZJM. While YZJM is well known to engage in maritime businesses and investment, it should shed more light on the direction of YZJF post spin off. Hope to read more news on private placement and or rights issue but I guess it has to come after finalisation of spin off and frankly, I don' t like it. 

 

Thank you for the very good info, Bro!

pasttime      ( Date: 06-Oct-2025 09:14) Posted: extracted from eastmoney.com 2025年 上 半 年 ， 杉 杉 股 份 营 收 98.58亿 ， 同 比 增 长 11.78%； 净 利 润 2.07亿 ， 同 比 暴 涨 1079.59%， 两 大 主 业 合 计 赚 了 4.15亿 。 股 价 也 争 气 ， 年 内 涨 了 113.42%， 9月 30日 收 盘 报 15.9元 ， 总 市 值 冲 到 357亿 。 这 背 后 ， 是 整 个 锂 电 行 业 在 复 苏 。 政 策 支 持 加 上 储 能 &ldquo 抢 装 潮 &rdquo ， 负 极 材 料 需 求 稳 中 有 升 。 杉 杉 作 为 国 内 最 早 做 负 极 的 企 业 ， 技 术 底 子 厚 ， 光 是 授 权 专 利 就 有 359项 ， 其 中 发 明 专 利 234项 ， 客 户 名 单 里 全 是 宁 德 时 代 、 比 亚 迪 、 LGES这 些 顶 级 玩 家 ， 基 本 盘 没 丢 。

 

extracted from eastmoney.com

2025年 上 半 年 ， 杉 杉 股 份 营 收 98.58亿 ， 同 比 增 长 11.78%； 净 利 润 2.07亿 ， 同 比 暴 涨 1079.59%， 两 大 主 业 合 计 赚 了 4.15亿 。 股 价 也 争 气 ， 年 内 涨 了 113.42%， 9月 30日 收 盘 报 15.9元 ， 总 市 值 冲 到 357亿 。 这 背 后 ， 是 整 个 锂 电 行 业 在 复 苏 。 政 策 支 持 加 上 储 能 &ldquo 抢 装 潮 &rdquo ， 负 极 材 料 需 求 稳 中 有 升 。 杉 杉 作 为 国 内 最 早 做 负 极 的 企 业 ， 技 术 底 子 厚 ， 光 是 授 权 专 利 就 有 359项 ， 其 中 发 明 专 利 234项 ， 客 户 名 单 里 全 是 宁 德 时 代 、 比 亚 迪 、 LGES这 些 顶 级 玩 家 ， 基 本 盘 没 丢 。

 

well, no very " big" to YZJFH, as it was reported

" Yangzijiang Financial said that, following the restructuring& rsquo s completion, it will exercise the effective voting rights of 23.4 per cent in Shanshan, as general partner of the platform on behalf of the consortium. 
So it won' t affect its plan to spin-off.

fenghuo      ( Date: 04-Oct-2025 14:42) Posted: Big things happening together, will they hold the spin off first?

 

Big things happening together, will they hold the spin off first?

 

Indeed.   Will hold this for the long term .... 😊

HVRRVH      ( Date: 03-Oct-2025 18:08) Posted: Early days with regard to Shanshan deal but as some has pointed out, YZJF is parterning other stakeholders in restructuring Shanshan. This other partners have their own area of experties such as TCL in battery technoloy and China Orient in corporate restructuring. The risk is furhter mitigated as the deal only account to about 4% plus of YZJF' s NAV, not too big, not all in kind of gamble. YZJF is once again demonstrating they are moving away from DI in a big way with this deal. They also showed that they have ready huge cash for deployment if they see any opportunities. It is right to point out also that the competition is fierce in the lithium battery sector but with the world continue to move away from fossio fuel engines,- even Singapore will stop registering any petrol engine vehicles from 2030 - the potential is huge especially Shanshan is already seizable even though it faces head wind now. Sometimes, this type of crisis present opportinities for corporate restructuring with new players coming in to play pivotal parts. In this case, it is YZJF, TCL and China Orient Asset Management. YZJF provide most of the money, TCL with the technology know how and COAM with corporate restructuring knowledge. I think I rather YZJF take the risk than continue sitting on huge pile of cash doing nothing. More over, the cash is going to pile up with more NPL recoveries and moving away from DI so it is good to see so far with the spin off devlopment, they have launch the SGD$100m anchor investment fund with ICH and now a further RMB$1.02B joint venture to restructure Shanshan. I can accept that these investments will take time but if they payout 40% profit as dividend, I am fine.

 

Early days with regard to Shanshan deal but as some has pointed out, YZJF is parterning other stakeholders in restructuring Shanshan. This other partners have their own area of experties such as TCL in battery technoloy and China Orient in corporate restructuring. The risk is furhter mitigated as the deal only account to about 4% plus of YZJF' s NAV, not too big, not all in kind of gamble. YZJF is once again demonstrating they are moving away from DI in a big way with this deal. They also showed that they have ready huge cash for deployment if they see any opportunities. It is right to point out also that the competition is fierce in the lithium battery sector but with the world continue to move away from fossio fuel engines,- even Singapore will stop registering any petrol engine vehicles from 2030 - the potential is huge especially Shanshan is already seizable even though it faces head wind now. Sometimes, this type of crisis present opportinities for corporate restructuring with new players coming in to play pivotal parts. In this case, it is YZJF, TCL and China Orient Asset Management. YZJF provide most of the money, TCL with the technology know how and COAM with corporate restructuring knowledge. I think I rather YZJF take the risk than continue sitting on huge pile of cash doing nothing. More over, the cash is going to pile up with more NPL recoveries and moving away from DI so it is good to see so far with the spin off devlopment, they have launch the SGD$100m anchor investment fund with ICH and now a further RMB$1.02B joint venture to restructure Shanshan. I can accept that these investments will take time but if they payout 40% profit as dividend, I am fine. 

 

seeing how tight a ship YZJ shipbuilding runs, most profitable shipbuiler, able to catch potential sactions infringements mid contract, I have full confidence the YZJFH management team can put things right in shanshan.

 

I know many are excited with the latest development. Investing Rmb 1.02 Bn into a company due for restructuring &ndash Ningbo Shanshan Co.
We have to understand the background before we get overly excited. The company is the world second largest supplier of anode materials.
Following aggressive expansion upon strong profits in 2021, the company faced intense competition and fluctuations of raw material price that contributed to financial distress.
The untimely passing of the founder in 2023 and the subsequent in fighting for power to control the company further complicated the situation.
Early this year, a court order to restructure was initiated due to its severe financial problems which resulted in debt default.
Top Glove went through this (without the demised of founder and power struggle issues). Rapid expansion led to capacity digestion and price issues.
Coupled with raw material price fluctuations and global supply-demand shifts. Is this all too familiar? Top Glove is still trying to find its footing despite several years of hard work.
Investing into a similar troubled entity makes me cautious. Likewise, the market is not too excited. This is reflected in the little change in price movement.
  Please do not get me wrong. I am supportive of the move. Afterall, there are many precedents. One very good example is how Loke did an excellent job in turning around AEM.
We have to bet on YZJFH to do just as good a job to turn things around for Ningbo Shanshan.

 

This also showed that YZJFH has the network to grap opportunity. It is even more commendable that they didn't go in alone, but also get strategic partners into the deal.

But have to caution that battery technology is changing fast, so there is risk but rewards are high too.

pasttime      ( Date: 03-Oct-2025 06:20) Posted: apology debt is cny39.895b miss out a b. transactions shows the power of having cash. able to buy opportunity when it appear. stronger then asset of real estate company.

 

apology debt is cny39.895b miss out a b.
transactions shows the power of having cash. able to buy opportunity when it appear.
stronger then asset of real estate company.

 

if the buy of shan shan is approved and successful. this is a small knife cut big tree transactions.
cny3.824b to control a business cny69.513b debt cny39.895.
yzjfh current commitment is cny1.02b control 40% of the controlling platform. wonder how will the additional asset and debt reflect in the p& l and balance sheet  of yzjfh?

 

YZJFH going to transform into a SGX-listed hedge fund for SSE stocks? Think doable since YZJ in Shanghai got home ground advantage.

 

For me right now, this is fairly valued right now. The play into the Lithium batery company is strategic and will reflect as a positive catayst in atleast 1-2 years. You have to remember that the underlying company went through a restructuring, so I will be skptical about the managment. Hopefully with YZJFH becoming a major shareholder it should be able to make changes. But again veyr long term play.
If you are sitting on major gains, its not a bad time to book profits and relook into this. It might move up by 5-10c but not more than that. 

 

Shanghai listed Shanshan' s current stock price before market closed for China National Day holidays stood at RMB$15.9, the consortium already made paper gain of almost 40% with the purchase price of RMB$11.44. Of course, the transaction has yet to be finalised so not counted but it give investors and potential investors an idea where is this driving. TCL is also a listed company in SZ stock exchange and China Orient Asset Managment is a state owned asset management company. In fact, COAM is one of the 4 major state owned asset management companies. I would be surprised if YZJF share price stay at current level or even drift downward. 

 

Good investment. With motor replacing engines in car. Robots. Battery will be in more demand. Maybe electric ship later?

 

really flushed with cold hard cash

Joelton      ( Date: 02-Oct-2025 11:40) Posted: Yangzijiang Financial pumps 1.02 billion yuan in lithium battery producer Ningbo Shanshan&rsquo s restructuring The investment by the group and two of its investors gives them effective voting rights of 23.4 per cent in the lithium battery producer    [SINGAPORE] Investment management company   Yangzijiang Financial   : YF8 -1.67% and two of its strategic investors have entered into an agreement to lead the restructuring of Chinese lithium battery producer Ningbo Shanshan.    In a bourse filing on Wednesday (Oct 1), Yangzijiang Financial said the consortium &ndash comprising its wholly owned subsidiary Jiangsu New Yangzi Commerce & Trading, as well as strategic investors Xiamen TCL Industrial Investment and China Orient Asset Management &ndash will obtain effective voting rights of about 23.4 per cent in Shanshan.    These voting rights will be entrusted to Yangzijiang Financial upon the completion of Shanshan&rsquo s restructuring.   As part of the deal, Yangzijiang Financial and the two strategic investors have formed an investment holding platform to acquire 223.3 million shares of Shanshan at 11.44 yuan per share. This translates to 9.9 per cent of Shanshan&rsquo s total share capital.    Yangzijiang Financial will contribute 1.02 billion yuan (S$184.4 million) and hold a 40 per cent interest in the platform.    Xiamen TCL Industrial Investment, a wholly owned subsidiary of Chinese electronics company TCL Technology Group, will separately acquire 43.7 million shares, representing 1.9 per cent of Shanshan&rsquo s total share capital. The voting rights for these shares will be granted to the platform.    Yangzijiang Financial said that, in the next phase, a limited partnership will be established with a service trust managed by China Orient Asset Management as a limited partner. This partnership will acquire 20 million additional Shanshan shares, or 0.89 per cent of its total share capital, with voting rights also entrusted to the platform.    Additionally, the sellers&rsquo remaining voting rights will be handed over to the platform.    Yangzijiang Financial said that, following the restructuring&rsquo s completion, it will exercise the effective voting rights of 23.4 per cent in Shanshan, as general partner of the platform on behalf of the consortium.    It added that the 1.02 billion yuan investment is around 4.8 per cent of the group&rsquo s net asset value as at Jun 30, and is 4.5 per cent of its market capitalisation as at Oct 1.    However, it cautioned that the agreement remains subject to authorities&rsquo approval, with &ldquo no certainty or assurance that it will become effective or be completed&rdquo .    &ldquo In addition, there is no certainty whether the consortium will be able to fulfil its funding obligations under both (phases),&rdquo said Yangzijiang Financial, adding that the completion timeline for the reorganisation and final shareholder structure are therefore subject to change.    Ren Yuanlin, executive chairman and chief executive officer of Yangzijiang Financial, said the group&rsquo s investment capitalises on the gradual recovery of China&rsquo s economy.    &ldquo It aligns well with our investment philosophy of supporting companies with solid business fundamentals, established market presence and strong industry partnerships, but require fresh capital to unlock growth or navigate restructuring, an area where we have proven expertise,&rdquo he said.   Ren added that Yangzijiang Financial will continue pursuing &ldquo promising opportunities that strengthen its core investment portfolio&hellip (and) generate sustainable returns to shareholders&rdquo .     Founded in 1992, Shanshan produces and sells lithium battery anode materials and polarisers, which are used in the new energy, battery and electric vehicle industries.   In February, the company&rsquo s controlling shareholder, Shanshan Group, entered a court-led bankruptcy reorganisation. Bloomberg reported that month that the lithium battery company had five yuan-denominated bonds, with a total of 5.1 billion yuan outstanding.