NXGF(SZ:002757) Zhong Guo Jing Ji Wang·2025-09-24 06:52Core Viewpoint - The announcement reveals that the controlling shareholder and senior management of Nanxing Co., Ltd. plan to reduce their shareholdings, which may impact the company's stock performance but is not expected to affect its governance structure or control [1][2]. Shareholding Reduction Plan - The controlling shareholder, Dongguan Nanxing Industrial Investment Co., Ltd., plans to reduce its holdings by up to 8,863,000 shares, representing no more than 3% of the total share capital [1]. - Vice General Managers Tan Fuhua and He Jianwei plan to reduce their holdings by up to 56,000 shares (0.02%) and 33,000 shares (0.01%), respectively [1]. - The total planned reduction amounts to no more than 8,952,000 shares, or approximately 3.03% of the total share capital [1]. Financial Impact of Shareholding Reduction - Based on the closing price of 18.01 yuan per share, the total cash to be raised from the share reduction is approximately 161.23 million yuan [2]. - The controlling shareholder currently holds 105,077,893 shares, accounting for 35.56% of the total share capital [2]. Historical Shareholding Changes - Since February 14, 2025, the controlling shareholder has cumulatively reduced its holdings by 6,052,100 shares, realizing approximately 12.7 million yuan [2]. - The initial shareholding was 49,387,200 shares, representing 45.17% of the total share capital [2]. Financial Performance - In 2024, the company reported operating revenue of 3.33 billion yuan, a decrease of 8.18% year-on-year [3][4]. - The net profit attributable to shareholders was -175.15 million yuan, compared to a profit of 173.27 million yuan in the previous year, marking a decline of 201.08% [3][4]. - The net cash flow from operating activities was 364.78 million yuan, down 37.12% from the previous year [3][4].