CSB(SZ:300718) Chang Jiang Shang Bao·2025-08-07 08:03Core Viewpoint - The major shareholder of Changsheng Bearing (300718.SZ), a humanoid robot stock, is advancing its share reduction plan, which involves transferring a total of 7.8855 million shares at a significant discount to the market price [1][2]. Group 1: Share Reduction Plan - The shareholders, including Baisheng Investment and Lu Xiaolin, plan to transfer 7.8855 million shares, representing 2.65% of the total share capital [1]. - The transfer price is set at 61.82 CNY per share, approximately 34.73% lower than the closing price of 94.71 CNY on August 5 [1][2]. - The transfer will be conducted through an inquiry transfer method organized by CITIC Securities, with 16 institutional investors identified as potential buyers [1]. Group 2: Financial Impact - The shareholders are expected to cash out approximately 487 million CNY from this share transfer [2]. - Baisheng Investment currently holds 601.43 million shares, accounting for 2.02% of the total share capital, and is controlled by Sun Zhihua, who is also the controlling shareholder of Changsheng Bearing [2]. Group 3: Company Performance and Outlook - Changsheng Bearing's revenue for Q1 was 282 million CNY, a year-on-year increase of 2.18%, while net profit attributable to shareholders was 53.0365 million CNY, up 1.54% [3]. - The company is focusing on self-lubricating bearings for joints and components for dexterous hands in the robotics sector, indicating potential for growth in the humanoid robot market [2][3]. - The stock price has seen a significant increase, rising from 12.85 CNY to 102 CNY from September 23, 2023, to August 6, 2024, marking an approximate 7-fold increase [2].