Group 1 - The core point of the announcement is that the controlling shareholders and executive directors of MAOGEPING Company plan to reduce their holdings by up to 17.2 million H-shares, which is 3.51% of the total issued shares, within six months through block trades [2] - The six individuals involved in the share reduction are primarily family members of the founder, MAO Ge Ping, with one non-family executive, SONG Hongqian, who is responsible for brand management [4] - The proceeds from the share reduction will be used for investments in the beauty-related industry chain and personal lifestyle improvements [5] Group 2 - Based on the closing price of HKD 82 per share on January 6, the total cash raised from the share reduction is estimated to exceed HKD 1.4 billion (approximately RMB 1.3 billion) [6] - As of June 30, 2025, the six executive directors will collectively hold 73.09% of MAOGEPING Company’s shares, indicating strong insider ownership [6] - MAOGEPING Company has been preparing for its capital market debut since December 2016 and is set to officially list on the Hong Kong Stock Exchange in December 2024, with a projected revenue of RMB 2.588 billion and a net profit of RMB 670 million for the first half of 2025, reflecting year-on-year growth of 31.3% and 36.1% respectively [6]
毛戈平家族等6人拟减持1720万股 或套现约13亿元