Shang Hai Zheng Quan Bao·2025-09-11 16:57Core Viewpoint - The company DaShi Intelligent (002421) announced plans for share reductions by its chairman Liu Pang and general manager Su Junfeng, amidst significant declines in revenue and net profit in the first half of the year [2][9]. Group 1: Share Reduction Plans - Liu Pang plans to reduce his holdings by up to 30.4142 million shares, representing 1.43% of the total share capital, while Su Junfeng intends to reduce his holdings by up to 1.9647 million shares, or 0.09% of the total share capital [2]. - Prior to the announcement, Liu Pang directly held 5.74% of DaShi Intelligent's shares and controlled an additional 12.78% through Changdu DaShi Enterprise Management Co., totaling 18.52% [3][4]. - Su Junfeng holds 0.37% of the shares and was recently promoted to general manager [5]. Group 2: Financial Performance - In the first half of the year, DaShi Intelligent's revenue decreased by 26.8%, and the net profit dropped significantly by 7900.70% [2][9]. - The company reported a net loss exceeding 88 million yuan, with an anticipated additional loss of over 300 million yuan not yet accounted for [9][10]. - The management expressed confidence in future transformations despite the current financial challenges [2]. Group 3: Market Reactions and Challenges - The company's stock price has been on a downward trend since peaking in early 2025, with a recent price of 3.48 yuan per share, down 0.57% [6]. - Investors have expressed dissatisfaction with the prolonged low stock price, which they believe harms both the company and its investors [6]. - The management reiterated their commitment to innovation and technology investment, hoping these efforts will eventually reflect in the company's market value and stock price [6]. Group 4: Future Outlook - The year 2025 marks the 30th anniversary of DaShi Intelligent and the beginning of its three-year "healthy growth period" plan, but the recent financial performance poses significant challenges to achieving profitability [9][10]. - The company faces pressure to achieve revenue growth in 2025, given the poor performance in the first half of the year and the implications of the recent project disposals [10].