Workflow
壶化股份实控人方拟减持 首季净利反弹去年业绩下降

Core Viewpoint - The company Huahua Co., Ltd. (壶化股份) announced a share reduction plan by its controlling shareholder and actual controller, which will not affect the company's control or governance structure [1][2]. Share Reduction Plan - Controlling shareholder Qin Yuezhong and his concerted party, Changzhi Fangyuan Investment Co., Ltd., plan to reduce their holdings by up to 1,991,400 shares (1.00% of total shares) and 3,982,800 shares (2.00% of total shares) respectively within three months after the announcement [1]. - The reasons for the reduction include personal loan repayment for Qin Yuezhong and funding needs for Fangyuan Investment [1]. Financial Performance - In 2024, the company reported a revenue of 1.101 billion yuan, a decrease of 16.19% year-on-year [2][3]. - The net profit attributable to shareholders was 140 million yuan, down 31.59% compared to the previous year [2][3]. - The net profit after deducting non-recurring gains and losses was 129 million yuan, reflecting a decline of 29.61% year-on-year [2][3]. - The net cash flow from operating activities was 164 million yuan, showing a slight increase of 4.71% [3]. Recent Quarterly Performance - In Q1 2025, the company achieved a revenue of 22.29 million yuan, representing a year-on-year growth of 25.29% [4]. - The net profit attributable to shareholders for the same period was approximately 2.34 million yuan, up 70.44% year-on-year [4]. - The net profit after deducting non-recurring gains and losses surged by 413.56% to about 2.24 million yuan [4]. - The net cash flow from operating activities improved significantly, reaching approximately 3.45 million yuan, a 132.74% increase [4].