Zheng Quan Ri Bao·2025-12-17 12:16Core Viewpoint - The main shareholder of the company has reduced their stake by 1% primarily due to reasonable funding needs and to increase the public float of shares, which has decreased due to multiple H-share buybacks since the company's listing in 2020 [2] Group 1: Shareholder Actions - The major shareholder has not sold shares in the secondary market since the company's listing in 2020, and the recent 1% reduction is aimed at addressing funding needs and optimizing the capital structure for future H-share buybacks [2] - The reduction in shareholding is intended to moderately increase the public float of shares, which has significantly declined due to previous buyback activities [2] Group 2: Financial Health - The company reports significant growth in revenue and profit, with ample cash flow over the years, indicating no undisclosed funding gaps [2] Group 3: Future Growth Strategies - The company will continue to focus on its core business of concentrated fruit juice while optimizing its product structure to increase the proportion of high-margin products like decolorized and deacidified juice, NFC juice, and tomato juice in revenue [2] - The company plans to cultivate new profit growth points through technological upgrades and market channel expansion to drive sustained performance improvement [2]