怡合达遭减持，又遭“抛弃”

Core Viewpoint - Yihua Automation (301029) has been removed from the sample stock list of the ChiNext Index due to frequent shareholder sell-offs throughout the year [1][3]. Group 1: Company Overview - Yihua Automation was listed on July 23, 2021, and specializes in the research, production, and sales of automation components, providing a one-stop supply for these parts [3]. - The company's main products include linear motion parts, transmission components, pneumatic elements, aluminum profiles and accessories, and industrial frame structure components [3]. Group 2: Shareholder Activity - On December 12, Yihua announced the completion of a share reduction plan by its controlling shareholders, with a total of 12.68 million shares sold, representing a 2% reduction in their holdings [3][4]. - The share reduction involved two entities, Zhongfuhui and Zhongruihui, both of which are acting in concert with the actual controller, Jin Liguo [3][4]. - In addition to the recent reduction, several executives and specific shareholders have also completed share reductions throughout the year [4]. Group 3: Financial Performance - Yihua's revenue and net profit both declined last year, but there has been a recovery in the first three quarters of this year, with total revenue reaching 2.197 billion CNY, an increase of 18.30% year-on-year, and a net profit of 417 million CNY, up 27.16% year-on-year [5]. - The actual controller of the company changed in November 2024, with Jin Liguo becoming the sole actual controller after a reorganization of the shareholder agreement [5]. Group 4: Market Performance - As of the latest data, Yihua's stock price is 25.88 CNY per share, with a total market capitalization of 16.413 billion CNY [5][6]. - Over the past three years, the stock price has halved, indicating significant volatility and a decline in investor confidence [5][8].