Allied Machinery(SH:605060) Zhong Guo Jing Ji Wang·2025-08-27 07:58Core Viewpoint - The company, LianDe Co., Ltd. (605060.SH), announced a share reduction plan by its controlling shareholders due to employee funding needs, which may impact the stock's market performance [1][2]. Group 1: Share Reduction Plan - The controlling shareholders, including Huzhou Xuteng, Hangzhou Jiayang, Huzhou Shuoyi, and Huzhou Xunjia, plan to reduce their holdings within three months after the disclosure of the plan, excluding a 15-day window period [1]. - The total number of shares to be reduced is up to 5,688,000 shares, representing a maximum of 2.37% of the company's total share capital [1]. - The reduction will occur through centralized bidding and block trading, with specific limits on the number of shares for each method [1]. Group 2: Shareholding Structure - As of the disclosure date, Huzhou Xuteng holds 3,042,000 shares (1.26% of total shares), Hangzhou Jiayang holds 2,916,000 shares (1.21%), Huzhou Shuoyi holds 2,772,000 shares (1.15%), and Huzhou Xunjia holds 2,646,000 shares (1.10%) [2]. - All these entities are controlled by the actual controllers, Sun Yuan and Zhu Qinghua, and are considered acting in concert [2]. Group 3: Financial Performance - In the first half of 2025, the company reported revenue of 587 million yuan, a year-on-year increase of 1.53%, and a net profit attributable to shareholders of 109 million yuan, up 11.66% [2]. - For the year 2024, the company experienced a decline in revenue to 1.098 billion yuan, down 9.32%, and a net profit of 187 million yuan, down 25.41% [3]. - The net cash flow from operating activities for 2024 was 298 million yuan, a decrease of 8.43% compared to the previous year [3].