Mindray(SZ:300760) Sou Hu Cai Jing·2025-06-29 11:59Core Viewpoint - After the commitment period for non-reduction has passed, a specific shareholder of Mindray Medical has expressed intentions to reduce their holdings, indicating potential shifts in shareholder sentiment and liquidity needs [1][4]. Group 1: Shareholder Actions - Ever Union (H.K.) Limited, a specific shareholder of Mindray Medical, plans to reduce its holdings by up to 5 million shares (approximately 0.41% of total shares) within three months from the announcement date [1]. - The reason for the reduction is cited as the shareholder's own funding needs, with the shares being sourced from those held prior to the company's initial public offering [1]. Group 2: Financial Implications - If calculated at the latest share price of 226.64 yuan per share, the potential proceeds from Ever Union's share reduction could exceed 1 billion yuan [2]. Group 3: Company Performance - Mindray Medical's net profit growth has significantly slowed to 0.74%, marking a five-year low, with the first quarter of this year witnessing a decline in both revenue and net profit, a first in seven years for the company [6]. - The company anticipates a turnaround in domestic business by the third quarter, driven by accelerated issuance of special medical bonds leading to improved equipment bidding [6]. - Despite a slowdown in overseas market growth, the two-year compound annual growth rate remains healthy at 15% [6].