601689，实控人套现8.8亿

Core Viewpoint - The major shareholders of Top Group have sold a significant amount of shares for approximately 880 million yuan, marking the first reduction in their holdings since the company's IPO over ten years ago [2][6][7]. Shareholder Actions - Four shareholders, including Wu Jianshu and Wu Haonian, reduced their holdings by 13.43 million shares from August 29 to September 10, representing 0.7728% of the company [4][5]. - The total cash raised from this reduction is estimated at around 880 million yuan, with individual contributions from the shareholders varying [6][5]. - This reduction comes after a period of consistent shareholding and even additional purchases by the shareholders in previous years [8][10]. Stock Performance - The stock price of Top Group has seen a significant increase, with a cumulative rise of approximately 70% over the past two months, and a nearly 30% increase during the reduction period [5][9]. - The stock reached a peak price of 73.37 yuan on September 10, which is the second-highest since its listing [2][4]. Financial Performance - Top Group's revenue and net profit have experienced substantial growth over the past few years, with revenue increasing from 6.51 billion yuan in 2020 to 26.6 billion yuan in 2024, and net profit rising from 628 million yuan to 3 billion yuan during the same period [11][12]. - However, in the first half of this year, the company reported a decline in net profit by 13.84%, with revenue growth slowing to 5.83% [12][11]. Business Segments - The company has been expanding into the rapidly growing electric vehicle market and has established partnerships with several major automotive manufacturers [12]. - Despite the growth in revenue, the contribution from the robotics segment remains minimal, accounting for less than 0.1% of total revenue, with recent figures showing only 766,000 yuan in revenue from this segment [13][12].