Suzhou SOE makes its debut in Hong Kong-listed companies, what kind of "spark" will it create with DONGWU CEMENT (00695)?

In the year 2025 when domestic GPUs ushered in a historic breakthrough, the name Jiang Xueming attracted widespread attention in the technology and capital circles. This septuagenarian entrepreneur from Jiangsu, with his unique insight and cross-border courage, invested in Lisan Technology through Dosilicon Co., Ltd. (688110.SH) and achieved the remarkable feat of surpassing the NVIDIA RTX series in certain benchmark tests and gaming performance with China's first self-developed GPU, becoming a key driver of China's semiconductor industry breakthrough. Jiang Xueming's business career itself is a microcosm of China's industrial transformation. From taking over a textile factory in the 1980s, to transitioning to cement infrastructure in the 1990s, and then venturing into the storage chip field by founding Dosilicon Co., Ltd. in 2014, to investing in Lisan Technology in the cross-border GPU battlefield, he has always adhered to the principle of "engaging in industries needed by the country and the people." Now, this cross-border master has made another clever move: DONGWU CEMENT (00695), in which he holds controlling stakes, has introduced Suzhou State-owned Assets as its largest shareholder, marking a significant event in the deep integration of the Yangtze River Delta state-owned assets system and overseas capital markets. While the cheers for the localization of GPUs have not yet subsided, this industrious industry explorer has opened up new imaginative spaces for the capital market: in the strategic high ground of the Yangtze River Delta integration development, what kind of chemical reactions will the partnership between Suzhou State-owned Assets and DONGWU CEMENT trigger? What new chapter will Jiang Xueming's cross-border legend write? According to the announcement released by DONGWU CEMENT on September 12th, the company's controlling shareholder, Goldview Development Limited (hereinafter referred to as "Goldview"), has signed an agreement to sell partial shares to Hong Kong Aviation Group (Hong Kong) Investment Limited (hereinafter referred to as "Hong Kong Aviation Hong Kong") and Suzhou Fenyuan Capital Management Co., Ltd. (hereinafter referred to as "Fenyuan Capital"). It is worth noting that the sole actual controller of Goldview is Jiang Xueming. After this transaction is completed, Hong Kong Aviation Hong Kong will become the single largest shareholder of DONGWU CEMENT with a 28% stake, Fenyuan Capital will hold 9%, and Jiang Xueming will still hold a 16.89% stake in DONGWU CEMENT. Information shows that Hong Kong Aviation Hong Kong is a wholly-owned Hong Kong subsidiary of Suzhou Port Investment Development Group Co., Ltd. ("Port Group"), whose ultimate beneficiary is the Suzhou State-owned Assets Supervision and Administration Commission. Fenyuan Capital is a wholly-owned subsidiary of Suzhou Fenh...