Core Viewpoint - The stock price of MAOGEPING Cosmetics Co., Ltd. surged after the announcement of a planned share reduction by several executive directors, indicating market confidence despite the reduction [1][3]. Group 1: Share Reduction Announcement - On January 6, MAOGEPING announced that its controlling shareholder and executive directors plan to reduce their holdings by up to 17.2 million shares, representing 3.51% of the total issued shares [3]. - The intended reduction is primarily for personal financial needs and will be executed mainly through block trades over a six-month period [3]. - The estimated cash-out from this reduction, based on the closing price of HKD 82 per share, amounts to approximately HKD 1.41 billion [3]. Group 2: Market Reaction - Following the announcement, MAOGEPING's stock price increased by over 8% at one point, closing with a gain of 6.46% at HKD 87.30 per share, resulting in a market capitalization of HKD 42.793 billion [1][3]. - The controlled nature of the share reduction and the positive intended use of the proceeds are seen as factors that mitigate potential negative impacts on the stock price [4]. Group 3: Company Performance - For the first half of 2025, MAOGEPING reported revenue of RMB 2.588 billion, a year-on-year increase of 31.3%, and a net profit of RMB 670 million, up 36.1% [4]. - In 2024, the company achieved a revenue of RMB 3.885 billion, reflecting a growth of 34.61%, with a net profit of RMB 881 million, a 32.8% increase [4]. Group 4: Future Outlook - According to a report by Caitong Securities, MAOGEPING is expected to maintain a "buy" rating, with projected net profits for 2025 to 2027 of RMB 1.204 billion, RMB 1.583 billion, and RMB 2.025 billion, respectively, while maintaining a stable gross margin of around 84% [5].
毛戈平创始人家族等拟集体减持套现14亿港元，股价为何大涨8%？