Zhong Guo Jing Ji Wang·2025-06-30 03:51Core Viewpoint - The company Jiuri New Materials (688199.SH) announced a share reduction plan by its board member and financial director due to personal funding needs, with specific details on the number of shares to be sold and the timeline for the reduction [1][2]. Group 1: Share Reduction Plan - Board member Kou Fuping plans to reduce his holdings by up to 37,250 shares, representing 0.0231% of the total share capital, during the period from July 22, 2025, to October 21, 2025 [1]. - Financial director Ma Xiuling intends to reduce her holdings by up to 61,696 shares, accounting for 0.0383% of the total share capital, within the same timeframe [1]. Group 2: Company Financial Performance - In 2024, the company reported revenue of 1.488 billion yuan, a year-on-year increase of 20.52%, but a net loss attributable to shareholders of 53.76 million yuan, an improvement from a loss of 96.14 million yuan in the previous year [2]. - For Q1 2025, the company achieved revenue of 356 million yuan, a slight decline of 0.15% year-on-year, with a net loss attributable to shareholders of 10.52 million yuan, compared to a loss of 4.39 million yuan in the same period last year [3]. Group 3: Initial Public Offering and Fundraising - Jiuri New Materials was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on November 5, 2019, issuing 27.81 million shares at a price of 66.68 yuan per share, raising a total of approximately 1.854 billion yuan [3]. - The net proceeds from the IPO amounted to approximately 1.709 billion yuan, exceeding the original plan by 113.87 million yuan, intended for various projects including the construction of a production facility [3]. Group 4: Equity Distribution - The company announced a capital reserve distribution plan, where shareholders will receive 4.9 additional shares for every 10 shares held, with no cash dividends or bonus shares distributed [4].