P&S(SZ:300184) Zhong Guo Jing Ji Wang·2025-09-25 08:45Core Viewpoint - The announcement reveals that shareholders Mark Zhao and his associate Gao Huiyi have completed their share reduction plan, resulting in a decrease in their combined ownership from 12.0539% to 11.0539%, with a total of 11,539,588 shares sold for approximately 142 million yuan [1][3]. Shareholder Reduction Details - Mark Zhao and Gao Huiyi reduced their holdings by a total of 11,539,588 shares, which constitutes 1.0000% of the company's total share capital [1][2]. - The reduction was executed through centralized bidding on September 23, 2025, with Mark Zhao selling 9,792,948 shares at an average price of 12.342 yuan per share, and Gao Huiyi selling 1,746,640 shares at an average price of 12.242 yuan per share [2][3]. Company Governance and Control - The share reduction will not lead to any change in the company's control or governance structure, ensuring the continuity of operations [3][4]. - Mark Zhao, the actual controller of the company, holds American nationality and has obtained permanent residency in China, while Gao Huiyi is Zhao's mother-in-law [3][4]. Financial Performance Overview - The company's revenue for the years 2022, 2023, and 2024 was reported as 8.039 billion yuan, 5.944 billion yuan, and 7.821 billion yuan, respectively, indicating a 31.58% increase from 2023 to 2024 [5]. - The net profit attributable to shareholders for the same years was 225 million yuan, 66.35 million yuan, and 98.43 million yuan, showing a 48.34% increase from 2023 to 2024 [5]. - The net cash flow from operating activities was negative in 2022 and 2024, with figures of -59.67 million yuan and -2.39 million yuan, respectively, while showing a positive cash flow of 54.20 million yuan in 2023 [5].