NEWAY(SH:603699) Zhong Guo Jing Ji Wang·2025-06-27 03:48Group 1 - The controlling shareholder, Niuwei Group, plans to reduce its stake in Niuwei Co., Ltd. by up to 7,490,620 shares, representing 0.97% of the total share capital, through centralized bidding within three months after the announcement [1][2] - The implementation of the share reduction plan is subject to market conditions and the company's stock price, indicating uncertainty in the timing and pricing of the reduction [2] - Niuwei Co., Ltd. reported a revenue of 6.238 billion yuan in 2024, a year-on-year increase of 12.50%, and a net profit attributable to shareholders of 1.156 billion yuan, reflecting a significant growth of 60.10% [3][4] Group 2 - The company achieved a net cash flow from operating activities of 1.112 billion yuan in 2024, marking a 74.50% increase compared to the previous year [3][4] - In the first quarter of 2025, Niuwei Co., Ltd. reported a revenue of 1.556 billion yuan, a year-on-year growth of 14.44%, and a net profit of 263 million yuan, up 33.52% [5][6] - The company plans to distribute a cash dividend of 1.14 yuan per share, totaling approximately 876 million yuan, based on a total share capital of 768,573,661 shares [4]