FACS(SH:600651) Shen Zhen Shang Bao·2025-08-04 21:23Group 1 - The major shareholder, Shanghai Lingang Economic Development (Group) Co., Ltd., plans to reduce its stake in Feilo Acoustics by up to 29,639,778 shares, representing no more than 1.1823% of the total share capital [2][3][4] - The reduction will occur through centralized bidding and block trading from August 27, 2025, to November 26, 2025, with a potential cash-out of approximately 181 million yuan based on the current share price of 6.12 yuan [3][4] - Feilo Acoustics has reported a continuous net profit loss for eight consecutive years from 2017 to 2024, with an undistributed profit of -3.772 billion yuan as of December 31, 2024 [4][7] Group 2 - In the first quarter of 2025, Feilo Acoustics achieved revenue of 423 million yuan, a year-on-year decrease of 1.42%, and a net profit attributable to shareholders of 1.1887 million yuan, down 89.55% year-on-year [7] - The company aims to focus on its core business and improve profitability while facing a challenging external environment [7]