Zhong Guo Jing Ji Wang·2025-09-04 06:01Core Viewpoint - Major shareholders of Baolande (688058.SH) plan to reduce their holdings, with a total reduction of up to 1,165,000 shares, accounting for 1.50% of the company's total share capital, due to personal financial needs [1][2]. Shareholder Reduction Plans - Beijing Yidongxing Equity Investment Center (Limited Partnership) plans to reduce its holdings by up to 1,165,000 shares, representing 1.50% of the total share capital [1]. - Shareholder Zhao Yanxing also plans to reduce his holdings by the same amount, 1,165,000 shares, or 1.50% of the total share capital [1]. - The reduction period is set for three months starting from 15 trading days after the announcement [1]. Current Shareholding Status - As of the announcement date, Yidongxing holds 5,522,738 shares, accounting for 7.10% of the total share capital, while Zhao Yanxing holds 3,468,312 shares, accounting for 4.46% [1]. - Both shareholders' shares are unrestricted and were acquired prior to the company's initial public offering and through capital reserve increases [1]. Previous Reduction Activities - Yidongxing previously reduced its holdings by 542,618 shares between July 8 and August 12, 2025, at prices ranging from 28.00 to 33.60 CNY per share, realizing between 15.19 million and 18.23 million CNY [2]. - Zhao Yanxing reduced his holdings by 725,277 shares from September 19 to August 21, 2025, at prices between 16.60 and 33.67 CNY per share, realizing between 12.04 million and 24.42 million CNY [2]. Financial Performance - In the first half of 2025, Baolande reported revenue of 81.74 million CNY, a decrease of 41.63% year-on-year, and a net loss attributable to shareholders of 67.77 million CNY, compared to a loss of 32.91 million CNY in the same period last year [8][9]. - The company also reported a net cash flow from operating activities of -12.53 million CNY, an improvement from -31.75 million CNY in the previous year [9].