Hoshine Silicon(SH:603260) Zhong Guo Jing Ji Wang·2025-11-11 02:47Core Viewpoint - Fuda Industrial plans to reduce its holdings in Hoshine Silicon Industry Co., Ltd. due to funding needs, with a maximum reduction of 27,070,548 shares, representing approximately 2.29% of the company's total share capital [1][2]. Summary by Relevant Sections Shareholding Reduction Plan - Fuda Industrial intends to sell up to 27,070,548 shares within three months from the announcement date, with a breakdown of 11,822,069 shares through centralized bidding and 15,248,479 shares via block trading [1]. - The estimated cash amount from this reduction, based on the closing price of 58.51 yuan on November 10, is approximately 1.584 billion yuan [1]. Historical Shareholding and Reductions - Fuda Industrial initially held 165 million shares, accounting for 24.62% of the total share capital, and has cumulatively reduced its holdings by 171 million shares since December 2018, realizing approximately 13.402 billion yuan in cash [2]. - The historical reduction data shows various periods of share sales, with significant reductions occurring in 2022 and 2023, impacting the ownership percentage over time [3]. Financial Performance of Hoshine Silicon - For the third quarter of 2025, Hoshine Silicon reported revenues of 15.206 billion yuan, a year-on-year decrease of 25.35%, and a net profit attributable to shareholders of -321 million yuan [4]. - The company's revenue figures from 2021 to 2024 indicate a declining trend, with revenues of 21.385 billion yuan in 2021, 23.657 billion yuan in 2022, and 26.692 billion yuan in 2024, alongside decreasing net profits [4][8].