恒玄科技多股东拟集体减持！曾7个月股价大涨超200%

Core Viewpoint - Hengxuan Technology (Shanghai) Co., Ltd. announced plans for significant share reductions by major shareholders, totaling up to 2.00% of the company's total equity, primarily due to personal funding needs [1][4]. Shareholder Reduction Plans - Major shareholders Liang Zhang, Zhao Guoguang, and Tang Xiaodong, along with their concerted actions, plan to reduce a total of 2,014,888 shares, representing 1.20% of the total equity, with a maximum of 1% through centralized bidding within any consecutive 90-day period [1][4]. - Run Yuan Capital I Limited and Run Yuan Capital II Limited also plan to reduce up to 1,343,500 shares, accounting for 0.80% of the total equity, due to funding arrangements [4][5]. - The reduction plans will be executed within three months following the announcement, with share quantities adjusted for any corporate actions like dividends or stock splits [4][5]. Shareholding Structure - As of the announcement date, major shareholders collectively hold 53,591,591 shares, which is 31.91% of the total equity, all acquired before the IPO and released from restrictions on December 18, 2023 [4][5]. Financial Performance - In Q1 2025, Hengxuan Technology reported a revenue of 999.5 million yuan, a year-on-year increase of 52.25%, marking a record high for a single quarter [6][7]. - The net profit attributable to the parent company reached 191 million yuan, a staggering increase of 590.22% compared to the previous year, also the highest quarterly profit since the company's inception [6][7]. - The company’s revenue from smartwatch and wristband chip products accounted for 32% of total revenue in 2024, with a year-on-year growth of approximately 116% [8][9]. Market Performance - From September 23, 2024, to April 30, 2025, Hengxuan Technology's stock price surged from 102 yuan to a peak of 320 yuan, representing an increase of over 200% [9]. - As of July 4, 2025, the stock closed at 227.78 yuan, reflecting a decline of 29% from its peak [9].