Zhong Guo Jing Ji Wang·2025-06-06 06:46Summary of Key Points Core Viewpoint - The company Saike Hede (688280.SH) has announced a share reduction plan by its directors due to personal financial needs, alongside its annual financial performance showing mixed results with revenue growth but a decline in net profit [1][2]. Financial Performance - The total operating revenue for Saike Hede in 2024 was 306 million CNY, representing a year-on-year increase of 11.03% [2][3]. - The net profit attributable to shareholders was 113 million CNY, down 3.35% compared to the previous year [2][3]. - The net profit after deducting non-recurring gains and losses was 110 million CNY, a decrease of 3.97% year-on-year [2][3]. - The net cash flow from operating activities was 123 million CNY, reflecting a 12.17% increase from the previous year [3]. Shareholder Reduction Plan - Director Gu Xiaofeng plans to reduce his holdings by up to 250,000 shares, which is 0.2355% of the total share capital [1]. - Director Ding Zhonghui plans to reduce his holdings by up to 235,000 shares, accounting for 0.2214% of the total share capital [1]. - The reduction will occur within three months starting 15 trading days after the announcement, subject to legal regulations [1]. Historical Context - Saike Hede was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on August 6, 2020, with an initial share price of 50.35 CNY [3]. - The company raised a total of 1.028 billion CNY, with a net amount of 924 million CNY after deducting issuance costs, exceeding the original fundraising plan by 554 million CNY [4]. - The company’s stock has experienced a downward trend since its initial public offering [3].