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Blue Ocean Happiness: Vice General Manager Hong Jiangang Resigns Due to Job Change
Radar Finance | Written by Feng Xiuyu | Edited by Li Yihui
On March 6th, Xingfu Blue Ocean (Stock Code: 300528) announced that Vice General Manager Hong Jiangang resigned due to work changes. According to the announcement, Hong Jiangang’s original term was scheduled to end on July 31, 2026. After his resignation, he will no longer hold any other positions within the company.
It is worth noting that Hong Jiangang did not hold any shares in the company and has no pending commitments. The company’s board of directors expressed sincere gratitude for his efforts and contributions during his tenure.
Tianyancha data shows that Xingfu Blue Ocean was established on November 18, 2005, with a registered capital of 372.608 million RMB. The legal representative is Ren Tong, and the registered address is No. 28, Building 8, Yuanhua Road, Qixia District, Nanjing. Its main business includes TV drama production, distribution, and the entire film industry chain.
Currently, the company’s chairman is Ren Tong, the secretary is Li Hua, with 1,099 employees. The actual controlling shareholder is the People’s Government of Jiangsu Province.
The company has stakes in 33 subsidiaries, including Yizheng Xinjie Xinghai Cinema Management Co., Ltd., Jiangsu Xingfu Blue Ocean Cinema Development Co., Ltd., Jiangsu Xingfu Blue Ocean Media Co., Ltd., Jiangsu Tiandi Zongheng Film and Television Culture Investment Co., Ltd., Jiangsu Shengshi Film and Television Culture Co., Ltd., and others.
In terms of performance, the company’s revenue for 2022, 2023, and 2024 was 630 million yuan, 1.1 billion yuan, and 654 million yuan, respectively, with year-over-year changes of -33.28%, +74.58%, and -40.53%. Net profit attributable to the parent was -335 million yuan, -22.0459 million yuan, and -192 million yuan, with year-over-year changes of -156.12%, +93.42%, and -772.98%. During the same period, the company’s asset-liability ratio was 73.02%, 71.07%, and 75.07%.
Regarding risks, Tianyancha information shows the company has 56 internal Tianyan risks, 408 surrounding risks, 106 historical risks, and 84 early warning risks.