Sou Hu Cai Jing·2025-07-01 07:29Group 1 - New Hope Group's recent capital market activities have attracted significant attention, particularly the announcement of share reduction by its subsidiary New Dairy (002946.SZ), which led to a nearly 9% drop in stock price the following day [1][5] - Universal Dairy Limited (UDL), the controlling shareholder of New Dairy, plans to reduce its holdings by up to 25.82 million shares, representing 3% of the total share capital, marking the first reduction since New Dairy's listing in 2019 [1][5] - New Dairy has shown strong growth, with a projected net profit of approximately 538 million yuan for 2024, a year-on-year increase of 24.80%, and a first-quarter net profit of 133 million yuan for 2025, reflecting a 48.46% year-on-year growth [5][8] Group 2 - New Hope Group has been undergoing strategic adjustments, focusing on its core agricultural and food sectors, including feed, pig farming, and food processing [7][9] - The company has faced operational pressures, particularly in pig farming, where profit margins have fluctuated significantly, leading to a net loss of 4.608 billion yuan after excluding non-recurring gains in 2023 [8][9] - The reduction in UDL's holdings is seen as a move to optimize asset allocation and provide cash flow support for core business development, particularly in the agricultural and food sectors [9]