拟套现超5亿元，光线传媒遭实控人家族减持

Group 1 - The controlling shareholder of Light Media, Guangxi Holdings, and its associates plan to reduce their holdings by up to 29.24 million shares, accounting for no more than 1% of the total share capital [1] - The reduction is primarily aimed at lowering the debt ratio and improving the financial structure, while individual family members are driven by personal funding needs [1] - As of the end of Q1 2025, Guangxi Holdings and its associates hold 1.1 billion shares, with ownership percentages of 37.40%, 1.01%, and 0.83% respectively [1] Group 2 - Recently, Alibaba's investment arm reduced its stake in Light Media from 5.39% to below the disclosure threshold, exiting the top ten shareholders list [2] - The stock price of Light Media experienced significant volatility, peaking at 41.68 yuan per share on February 17, before dropping to 17.89 yuan per share, resulting in a total market capitalization of 52.45 billion yuan [2] - The film "Nezha 2" has significantly boosted Light Media's performance, with Q1 2025 revenue reaching 2.975 billion yuan, a year-on-year increase of 177.87%, and net profit of 2.016 billion yuan, up 374.79% [2] Group 3 - Light Media's subsidiary, Light Animation, provided 8 million yuan in financial support to Magic Animation, which is now unable to repay due to losses from the film "A Chinese Ghost Story," potentially impacting Light Media's current earnings [3]