EBSCN(601788) 中国经济网·2025-03-18 02:52Core Viewpoint - The major shareholders of Xiang Teng New Materials (001373.SZ) plan to reduce their holdings due to personal funding needs, with no impact on the company's control or governance structure [1][2]. Shareholder Reduction Plan - Major shareholders, including Shanghai Xianghe Yongyuan and others, plan to reduce their holdings by a total of up to 2,060,606 shares (3% of total shares) and individual reductions by executives Wang Jian and Yu Junde [1][2]. - The reduction will occur within three months starting from April 10, 2025, through centralized bidding or block trading [1]. Company Background - Xiang Teng New Materials was listed on the Shenzhen Stock Exchange on June 1, 2023, with an initial public offering (IPO) of 17,171,722 shares at a price of 28.93 yuan per share, raising a total of 496.78 million yuan [6][7]. - The net amount raised after deducting issuance costs was 442.33 million yuan, which was less than the originally planned amount by 59.43 million yuan [7]. Financial Performance - The company forecasts a significant decline in net profit for the fiscal year 2024, estimating a profit of 12 million to 15.5 million yuan, representing a decrease of 56.01% to 65.94% compared to the previous year [8]. - The net profit after excluding non-recurring gains and losses is expected to be between 11 million and 14.5 million yuan, reflecting a decline of 56.75% to 67.19% [8].