Taclink(SH:688205) Mei Ri Jing Ji Xin Wen·2025-09-02 05:59Core Viewpoint - The stock price of Dekoli (688205.SH) experienced a significant increase of 92.25% within a month, rising from below 70 yuan per share to over 120 yuan per share. However, major shareholders plan to reduce their holdings, which has led to a sharp decline in the stock price following the announcement [1][3]. Shareholder Reduction Plans - Major shareholders Qian Mingying and Shen Liang plan to reduce their holdings by a total of up to 2.9957% of the company's shares over the next three months [1]. - Qian Mingying intends to sell up to 680,000 shares, representing approximately 0.4296% of the total shares, through block trading [2]. - Shen Liang plans to sell up to 4,061,811 shares, which accounts for about 2.5661% of the total shares, using both centralized bidding and block trading methods [2]. Shareholder Background - Qian Mingying and Shen Liang are considered "old shareholders" of Dekoli, having acquired their shares before the company's IPO. Their combined holdings amount to approximately 21.02 million shares, representing 13.2799% of the total share capital [5][6]. - Qian Mingying has reportedly made a profit of around 2 billion yuan from her investment over the past five years [8]. Financial Performance - Dekoli reported a significant decline in net profit for the first half of 2025, with a 48.17% year-on-year decrease, amounting to 28.09 million yuan, despite a revenue increase of 5.93% to 433 million yuan [10]. - The company attributed the profit decline to a structural slowdown in demand in the traditional telecommunications market and strategic pricing adjustments that compressed profit margins [10]. - The data center interconnection and AI infrastructure markets are experiencing strong growth, but the profit contributions from these areas have not yet fully materialized due to ongoing capacity building [10]. Future Outlook - Dekoli aims to accelerate the implementation of new overseas projects and improve production capacity in the second half of the year, focusing on timely delivery of existing orders to achieve significant revenue growth [11].