分红10亿又要套现14亿，美妆教父”毛戈平，“改善生活”把股市当提款机？

Core Viewpoint - The company, known for its significant presence in the beauty industry, is facing criticism from investors due to the actions of its controlling family, which appear to prioritize personal financial gain over shareholder interests [1][6]. Group 1: Company Background - The founder, referred to as the "Father of Beauty," gained fame by creating iconic makeup looks, particularly for historical dramas [1]. - After several attempts over eight years, the company finally went public in October 2024, listing on the Hong Kong stock exchange [2]. Group 2: Financial Actions - Prior to the IPO, the company distributed a substantial dividend of 1 billion yuan, with over 90% of shares held by the controlling family, indicating a significant transfer of wealth to family members [1]. - Shortly after the IPO, the family announced a 1.4 billion yuan share reduction plan, citing the vague reason of "improving life" [1][2]. Group 3: Market Performance - Initially, the company was celebrated alongside other successful brands in the Hong Kong market, being part of the "Hong Kong Consumption F4" [3]. - The company's gross margin has consistently exceeded 80%, likening it to a premium brand in the cosmetics sector [4]. - However, the stock price has seen a decline of approximately 30% from its peak of 130.6 yuan in June 2025 [5]. Group 4: Investor Sentiment - The actions of the founder's family have led to a perception among investors that they are prioritizing personal financial interests over the company's long-term growth, resulting in a loss of trust [6][8]. - Concerns have been raised by economists regarding the risks associated with companies where a single entity holds a dominant share, as it can lead to detrimental financial practices [7].