688301 又要被减持！

Core Viewpoint - Tianjin Sequoia and Beijing Sequoia plan to reduce their holdings in Yirui Technology by up to 2% due to their own funding needs, marking the second reduction plan in the past year [2][3] Shareholding Reduction Plan - The reduction will be executed through block trading, with a total of up to 4,004,400 shares being sold, representing no more than 2% of Yirui Technology's total shares, to be implemented within three months from August 15 to November 14 [3] - The estimated market value of the shares to be sold is approximately 352 million RMB, based on the closing price of 87.99 RMB per share on July 23 [7][10] Previous Reduction History - In the previous reduction from September 30 to November 1, 2024, Tianjin Sequoia and Beijing Sequoia sold a total of 2,855,772 shares at prices ranging from 113.42 RMB to 123.03 RMB per share [8][10] Financial Performance - Yirui Technology has experienced a decline in net profit over recent years, with net profits of 641 million RMB in 2022, 607 million RMB in 2023, and 465 million RMB in 2024, reflecting a decrease of 23.43% year-on-year [11][12] - The company's revenue for 2024 was approximately 1.83 billion RMB, a decrease of 1.74% compared to 2023 [12] - In the first quarter of 2025, Yirui Technology reported a net profit of 143 million RMB, a year-on-year increase of 2.74%, but a decrease of 9.19% in net profit after excluding non-recurring items [13][14] Market Context - As of July 23, Yirui Technology's stock price was 87.99 RMB, with a market capitalization of 17.62 billion RMB, reflecting a decline of 2.46% [16]