美凯龙遭“阿里系”持续抛售

Core Viewpoint - The continuous share reduction by major shareholders of Meikailong is linked to the company's poor financial performance in recent years, leading to significant losses and shareholder actions [3]. Group 1: Shareholder Actions - Hangzhou Haoyue Enterprise Management Co., Ltd. plans to reduce its holdings by up to 131 million shares, representing 3% of the total share capital, between December 25, 2025, and March 24, 2026 [1]. - As of November 30, 2025, Hangzhou Haoyue has already reduced its holdings by 55,673,300 shares, accounting for 1.28% of the current total share capital, with a reduction price range of 2.48 to 2.85 yuan per share, totaling approximately 154 million yuan [2]. - The original second-largest shareholder, Red Star Holdings, has seen its stake in Meikailong decrease from 22.512% to 18.941% due to a court-approved restructuring plan, affecting the overall shareholding structure [2]. Group 2: Financial Performance - For the first three quarters of 2025, Meikailong reported revenues of 4.969 billion yuan and a net loss attributable to shareholders of 3.143 billion yuan [3]. - The company incurred losses of 2.983 billion yuan in 2024 and 2.216 billion yuan in 2023, indicating a trend of declining financial health [3].