Marssenger Kitchenware(SZ:300894) Zhong Guo Jing Ji Wang·2025-09-15 03:40Core Viewpoint - The controlling shareholder and actual controller of Mars Man (300894.SZ) plan to reduce their shareholding through a pre-disclosure announcement, indicating a potential shift in ownership dynamics and liquidity in the market [1][2]. Shareholding Reduction Plan - The controlling shareholder, Hai Ning Da You Investment Partnership (Limited Partnership), and its action partner, Hai Ning Da Hong Investment Partnership (Limited Partnership), plan to reduce their holdings by up to 12,000,000 shares, which is approximately 2.94% of the total share capital [1]. - The reduction will occur over a three-month period from October 14, 2025, to January 13, 2026, through centralized bidding and block trading [1]. Financial Performance - As of June 19, 2025, the reduction plan was completed, with Hai Ning Da You and Hai Ning Da Hong having sold a total of 6,825,900 shares, representing a reduction of 1.67% [2][3]. - The average cash generated from the reduction was approximately 92.52 million yuan [3]. Company Financials - Mars Man's revenue for the reporting period was approximately 374.44 million yuan, a decrease of 46.30% compared to the previous year [6]. - The net profit attributable to shareholders was a loss of approximately 123.53 million yuan, a decline of 400.99% year-on-year [6]. - The company reported a significant drop in cash flow from operating activities, with a net cash flow of -140.52 million yuan, a decrease of 134.29% [6]. Historical Context - Mars Man was listed on the Shenzhen Stock Exchange's Growth Enterprise Market on December 31, 2020, with an initial issuance of 40.5 million shares at a price of 14.07 yuan per share [3]. - The total funds raised during the IPO amounted to approximately 569.84 million yuan, which was lower than the planned amount by 39.11 million yuan [3].