XGIMI(688696) 每日经济新闻·2025-04-03 08:06Core Viewpoint - XGIMI Technology is the only listed company this year to announce two share transfer plans, with small shareholders opting to transfer shares at a price significantly lower than the market price, raising questions about their motives [1][2][3]. Group 1: Share Transfer Details - Three small shareholders plan to transfer 1.75 million shares, accounting for 2.50% of XGIMI's total share capital, due to personal funding needs [2]. - The transfer price is set at 111.06 CNY per share, which is 84% of the closing price of 131.5 CNY on April 2 [3]. - The shareholders involved are not major stakeholders and could have sold shares in the secondary market without prior disclosure, yet they chose the inquiry transfer method [3][5]. Group 2: Market Reaction and Implications - The inquiry transfer was fully subscribed by 13 institutional investors, indicating strong interest despite the lower price [3][10]. - Following the transfer, XGIMI's stock price showed strong performance, rising from 112.13 CNY to a high of 136.98 CNY [12]. - The inquiry transfer method is perceived as less impactful on the market compared to direct sales, which may explain the shareholders' choice [6]. Group 3: Company Performance and Strategy - XGIMI has been actively repurchasing shares, with a total of over 6% of its shares repurchased since September 2022, indicating a commitment to enhancing shareholder value [13]. - The company reported a revenue of 3.414 billion CNY for 2024, a decrease of 4.02% year-on-year, while net profit increased by 1.14% to 122 million CNY [14].