Core Viewpoint - Guomai Culture (301052) faced a significant drop in stock price due to poor box office performance of its main investment film, "The Stars of the Three Kingdoms Part One," which was released on October 1 and has underperformed expectations [1] Group 1: Company Performance - The film "The Stars of the Three Kingdoms Part One" has generated over 75 million yuan in box office revenue as of October 9, ranking 8th among films released during the National Day holiday, which is below market expectations [1] - Guomai Culture's stock was locked at the daily limit down from the opening on October 9, indicating a strong negative market reaction to the film's performance [1] Group 2: Shareholder Actions - On September 30, Guomai Culture announced that a shareholder holding more than 5% of the shares, Shanghai Jialien Management Consulting, plans to reduce its holdings by up to 500,000 shares, representing 0.51% of the company's total share capital, due to personal funding needs [1] - The planned reduction in shareholding is set to occur between October 30, 2023, and January 29, 2026, which may further impact investor sentiment [1]
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