Grandbuy(SZ:002187) Shen Zhen Shang Bao·2025-12-08 15:49Core Viewpoint - The major shareholder, Zhongyin Financial Asset Investment Co., Ltd., plans to reduce its stake in Guangbai Co., Ltd. by 7.2 million shares, bringing its ownership down to 4.99999% due to ongoing poor performance and limited profit opportunities since the company's restructuring [1][3]. Group 1 - Zhongyin Investment acquired shares in Guangbai Co. during a significant asset restructuring in 2021, paying approximately 506 million yuan for 63.049 million shares at a price of 8.03 yuan per share [2]. - Following the restructuring, Guangbai's stock price fluctuated between 3.97 yuan and 8 yuan, significantly below Zhongyin's acquisition cost, leading to challenges in liquidating their investment [2]. - In early 2023, Guangbai's stock price surged, allowing Zhongyin to reduce its holdings from 8.96% to 6% by selling 20.807 million shares between January 3 and January 15 [2]. Group 2 - Guangbai's financial performance has been declining, with a net profit of approximately 261 million yuan in 2021, followed by a loss of 143 million yuan in 2022, a profit of 36.165 million yuan in 2023, and an expected profit of 47.61 million yuan in 2024 [3]. - As of the close on December 8, Guangbai's stock price was 7.68 yuan, with a total market capitalization of 5.383 billion yuan, indicating the impact of the major shareholder's divestment on the company's market perception [3].