Core Viewpoint - The article discusses the recent share transfer plan by Guai Bao Pet, highlighting the ongoing trend of shareholder reductions and the company's strong stock performance despite these actions [1][2][3][4]. Share Transfer Plan - Guai Bao Pet announced a share transfer plan on June 5, 2025, where the shareholder Golden Prosperity Investment S.A.R.L. intends to transfer 12,001,335 shares, representing 3.00% of the total share capital, due to personal funding needs [1]. - The shares will not be transferred through centralized bidding or block trading, and the transferee must be an institutional investor with appropriate pricing and risk-bearing capabilities [1]. Shareholder Reduction Activity - In recent months, Guai Bao Pet's shareholders have frequently reduced their holdings, with KKR planning to reduce up to 800,089 shares (2% of total share capital) from November 4, 2024, to February 1, 2025 [2]. - By December 19, 2024, Beijing Junlian and Zhuhai Junlian completed their reduction of 2.00% of shares through various trading methods, while KKR also executed its reduction plan during the same period [2]. Stock Performance - Despite the shareholder reductions, Guai Bao Pet's stock price has significantly increased since the second half of 2024, reaching historical highs in 2025, supported by strong revenue and profit growth [3]. - The pet industry is experiencing an upward trend, with the market for pet consumption in urban China expanding, driven by emotional spending and improved industry R&D capabilities [3]. Market Sentiment - The frequent shareholder reductions have raised market concerns, although the company asserts that these actions are due to personal funding needs and will not affect control or governance [4]. - Investors are advised to closely monitor Guai Bao Pet's performance and strategies in maintaining growth amidst shareholder reductions and potential market changes [4].
乖宝宠物股东再抛减持计划 股价走高后股东频频减持