Core Viewpoint - The company, Ninebot (689009.SH), is experiencing rapid growth in its operating performance, but its actual controllers are reducing their holdings, which may raise concerns among investors about the company's future governance and stability [1][2]. Group 1: Shareholder Actions - On November 4, Ninebot announced that Hctech III L.P. plans to reduce its holdings by up to 276,000 depositary receipts, representing 0.04% of the total [1]. - The actual controllers, Gao Lufeng and Wang Ye, have previously reduced their holdings, including a 2% reduction on August 2, 2025, which generated approximately 788 million yuan [2]. Group 2: Stock Performance - As of November 5, the company's stock price was 57.87 yuan per share, down 0.70%, with a maximum decline of 24.84% since the peak on August 29, 2025 [3]. - The stock price increased significantly from 47.50 yuan at the beginning of 2025 to a peak of 77 yuan, marking a 62.11% increase [3]. Group 3: Financial Performance - Ninebot's revenue grew from 6.003 billion yuan in 2020 to 14.196 billion yuan in 2024, a growth of 136.48%, while net profit surged from 73.47 million yuan to 1.084 billion yuan, an increase of 1384.93% [3]. - In the first three quarters of 2025, Ninebot achieved revenues and net profits of 18.39 billion yuan and 1.787 billion yuan, respectively, reflecting year-on-year growth of 68.63% and 84.31% [3]. Group 4: Business Focus - The company focuses on innovation and upgrades in smart short-distance transportation and service robots, optimizing its business strategy and expanding sales channels to drive steady growth in product sales [4].
九号公司实控人再减持股价下跌 产品销量增长前三季盈利近18亿元