NLT(SZ:300778) Zhong Guo Jing Ji Wang·2025-11-21 07:04Core Viewpoint - The controlling shareholder of New City (300778.SZ), Shenzhen Yuansi Industrial Co., Ltd., plans to reduce its stake by up to 6,012,450 shares, representing 3.00% of the company's total share capital, within a three-month period starting from December 12, 2025 [1][2]. Financial Performance - In 2024, New City reported a revenue of 199 million yuan, a year-on-year decline of 31.79%, and a net loss attributable to shareholders of 165 million yuan, compared to a loss of 52.36 million yuan in the previous year, indicating an expanded loss [2]. - For the first nine months of 2025, the company achieved a revenue of 106 million yuan, down 36.52% year-on-year, with a net loss attributable to shareholders of approximately 19.72 million yuan, compared to a loss of 13.20 million yuan in the same period last year [3][4]. - The net cash flow from operating activities for the first nine months of 2025 was -21.49 million yuan, showing a year-on-year increase of 1.34% [4]. Shareholder Structure - As of the announcement date, Yuansi Industrial held 67,527,921 shares, accounting for 33.69% of the company's total share capital, with the chairman and actual controller Zhang Chun Jie holding 90.00% of Yuansi Industrial's shares [2].