TRS(SZ:300229) Zhong Guo Jing Ji Wang·2025-05-20 08:48Group 1 - The controlling shareholder, Xinke Interactive Technology Development Co., Ltd., plans to reduce its stake in the company by up to 17,472,000 shares, representing 2.00% of the total share capital [1] - The reduction will occur through centralized bidding or block trading, with specific timeframes set for implementation [1] - The company reported a significant decline in revenue and net profit for Q1 2025, with revenue of 12.5 million and a net loss of approximately 22.93 million [2] Group 2 - In 2024, the company achieved a revenue of 777 million, a slight decrease of 0.59% year-on-year, and a net loss of approximately 94.15 million [2] - The company raised funds through two rounds of financing, totaling approximately 1.70 billion, with the first round in 2021 and the second in 2024 [5] - The first round of fundraising involved issuing 8 million convertible bonds, raising a total of 800 million, while the second round involved issuing 78,328,981 shares at a price of 11.49 per share, raising nearly 900 million [3][4]