Core Viewpoint - The rapid completion of a share reduction plan by Bull Group, with significant implications for its stock performance and shareholder dynamics [1][3]. Group 1: Share Reduction Details - The share reduction plan was announced on October 9 and completed within half a month, with a total of approximately 36.17 million shares sold, accounting for 2.00% of the company's total share capital [1][4]. - The total amount raised from the share reduction was approximately 1.456 billion yuan [4]. - The reduction was executed through block trading, with share prices ranging from 39.93 to 41.09 yuan per share [4]. Group 2: Market Impact - Following the initiation of the share reduction on October 31, the discount rate for block trades increased, starting at 5.91% and reaching 9% by November 14 [3]. - This increase in discount rate indicates a growing market perception of the stock's value amidst the reduction activity [3]. Group 3: Company Performance - Bull Group reported a decline in both revenue and net profit for the first three quarters of the year, with revenue at 12.198 billion yuan, down 3.22% year-on-year, and net profit at 2.979 billion yuan, down 8.72% year-on-year [5]. - The company is primarily focused on electrical connections, smart electrical lighting, and new energy sectors, and was founded in 1995 [4][5].
知名上市家居企业公牛集团实控人半个月套现超14亿元