趁暴涨大举套现，一把减持超13%股份

Core Viewpoint - The significant share reduction by Zhimo Holdings and its concerted parties occurred after a substantial increase in the stock price of Shandong Molong, indicating a strategic exit at a high valuation [2][4][8]. Share Reduction Details - On May 7 and 8, Zhimo Holdings and its concerted parties collectively reduced their holdings by 13.39% of Shandong Molong's total shares, cashing out several hundred million yuan [2][6]. - The reduction included 31.9372 million H-shares on May 7 and 74.8676 million H-shares on May 8, totaling 107 million shares [5][6]. - After the reduction, Zhimo Holdings and its concerted parties held 44.81 million shares, representing only 5.6164% of the total shares [6]. Stock Performance - Following the removal of risk warnings, Shandong Molong's A-shares experienced three consecutive trading days of price increases, while its H-shares saw a maximum increase of 476% over four days [8][12]. - The stock price surged by 188.51% on May 6, followed by a 45% increase on May 7, before experiencing a decline of 6.37% and 27.66% on May 7 and 8, respectively [8][12]. Company Background - Shandong Molong is an energy equipment manufacturer and service provider, with a complete industrial chain in oil machinery research, design, manufacturing, and technical services [12]. - The company was listed on the Hong Kong Stock Exchange in April 2004 and on the Shenzhen Stock Exchange in October 2010 [12].