HNHD(SZ:002163) Chang Jiang Shang Bao·2025-06-04 22:56Core Viewpoint - The controlling shareholder of Hainan Development plans to increase its stake in the company for the first time since the ownership change five years ago, aiming to boost market confidence and stabilize the stock price [1][2]. Group 1: Shareholder Actions - Hainan Development's controlling shareholder, Hainan Holdings, and its concerted parties plan to increase their shareholding by an amount not less than 100 million yuan and not exceeding 200 million yuan, representing up to 2% of the total share capital [1]. - The increase in shareholding is supported by a special loan from China CITIC Bank's Haikou branch, amounting to no more than 153 million yuan, with a loan term not exceeding 36 months [1]. Group 2: Financial Performance - Hainan Development's revenue for 2022, 2023, and 2024 was 3.616 billion yuan, 4.183 billion yuan, and 3.912 billion yuan, respectively, showing fluctuations [2]. - The net profit attributable to the parent company for the same years was -145 million yuan, 91.57 million yuan, and -379 million yuan, totaling a loss of 432 million yuan over three years [2]. - As of the end of the first quarter of 2025, the company's contract liabilities were 131 million yuan, a year-on-year increase of 52.6% [2]. Group 3: Financial Position - As of the end of the first quarter of 2025, Hainan Development had cash and cash equivalents of 808 million yuan, with short-term borrowings and current portion of non-current liabilities amounting to 592 million yuan and 83.99 million yuan, respectively [3]. - The company's debt-to-asset ratio was 80.57%, a decrease of 1.05 percentage points from the end of 2024 [3].