TREE NEWS update: Zhou Hongyi plans to transfer a 12.89929% equity stake in Beijing Qifei Xiangyi Business Consulting Co. at a floor price of about 219 million yuan. The disclosure period runs from Oct. 26 to Nov. 20, 2026. The floor price has been reduced by a dividend of about 54.18 million yuan that the seller received under a shareholder resolution dated March 13, 2026.
Zhou Hongyi to sell 12.9% stake in Qifei Xiangyi at floor price of 219 million yuan
The detail that the floor price was cut by a dividend the seller already collected suggests the transfer is structured around value extraction ahead of the sale rather than a simple clean handover, which matters for anyone assessing the stake's true worth. The long disclosure window leaves room for the terms to shift, and the buyer's identity — still undisclosed — will shape how the stake is read. Whether the floor price holds as the window runs is the open question.
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