BESTEK(SZ:300822) Zhong Guo Jing Ji Wang·2025-07-23 03:16Core Viewpoint - The company Beishidake (300822.SZ) announced a plan for specific shareholders to reduce their holdings, which is not expected to significantly impact the company's governance structure or control [1][2]. Shareholder Reduction Plan - The actual controller of the company, Li Qingwen, and his concerted action partners, Shenzhen Innovation Wealth No. 1 Investment Partnership and Shenzhen Innovation Wealth No. 2 Investment Partnership, plan to reduce their holdings of 11,700,000 shares (3.7748% of total shares) within three months starting from August 13, 2025 [1]. - The reduction will occur through centralized bidding and block trading, with a maximum of 9,298,731 shares (3.0000% of total shares) to be sold [1]. Financial Performance - Beishidake's financial performance from 2020 to 2024 shows fluctuating revenues and profits: - 2020: Revenue of 886 million yuan, net profit of 169 million yuan [2]. - 2021: Revenue of 1.08 billion yuan, net profit of 127 million yuan [3]. - 2022: Revenue of 994 million yuan, net profit of 45 million yuan [4]. - 2023: Revenue of 867 million yuan, net profit of 47 million yuan [4]. - 2024: Revenue of 851 million yuan, net profit of 55 million yuan, showing a 16.06% increase from 2023 [4]. Cash Flow Analysis - The net cash flow from operating activities has shown variability: - 2020: 189 million yuan [2]. - 2021: -112 million yuan [3]. - 2022: 256 million yuan [4]. - 2023: 46 million yuan, a significant decrease of 81.90% from 2022 [4]. Dividend Distribution - In 2022, the company distributed a cash dividend of 1.50 yuan per 10 shares and issued 5 bonus shares per 10 shares [5]. - In 2023, the company announced a cash dividend of 1 yuan per 10 shares and a capital reserve increase of 3 shares per 10 shares [6].