毛戈平创始人家族等拟集体减持，套现14亿港元

Core Viewpoint - The major shareholders and executive directors of Maogeping Cosmetics Co., Ltd. plan to collectively reduce their holdings in the company due to personal financial needs, which may raise concerns about the company's future governance and market perception [1][5]. Group 1: Shareholder Actions - The controlling shareholders and executive directors intend to reduce their holdings by up to 17.2 million H-shares, representing no more than 3.51% of the total issued shares within six months from the announcement date [1][5]. - The estimated cash-out from this reduction, based on the closing price of HKD 82 per share, amounts to approximately HKD 1.41 billion [2][5]. Group 2: Company Background - Maogeping Company was established on July 28, 2000, in Hangzhou and was listed on the Hong Kong Stock Exchange on December 10, 2024, becoming the "first high-end domestic beauty stock" [5]. - The founder, Maogeping, is a prominent figure in the Chinese makeup industry with over 40 years of experience and has received numerous awards for his work in makeup design [5]. Group 3: Financial Performance - For the year 2024, the company reported a revenue of CNY 3.885 billion, a year-on-year increase of 34.61%, with a net profit of CNY 881 million, up 32.8% [6]. - In the first half of 2025, the company achieved a revenue of CNY 2.588 billion, reflecting a 31.3% year-on-year growth, and a net profit of CNY 670 million, which is a 36.1% increase [6]. - The overall gross margin has consistently exceeded 80%, with figures of 83.4%, 83.8%, 84.8%, 84.4%, and 84.2% from 2021 to the first half of 2025 [6]. Group 4: Market Performance - As of January 6, the stock price of Maogeping was HKD 82 per share, down 0.91%, with a market capitalization of HKD 40.2 billion [7]. - Since its listing, the stock price has increased by over 177%, although it has declined more than 28% from its peak of HKD 130.6 in early June 2025 [7].