妹妹套现1个亿后，哥哥又抛减持计划

Core Viewpoint - The major shareholders of Guangpu Co., Ltd. (光莆股份) plan to reduce their holdings, indicating potential concerns about the company's financial performance and future prospects [1]. Shareholder Actions - Lin Wenkun, the controlling shareholder holding 24.19%, plans to reduce his stake by up to 847,490 shares (3% of total shares) between February 28, 2026, and May 27, 2026, through centralized bidding and block trading [1]. - Lin Ruimei, the other major shareholder, previously reduced her holdings by 6,887,100 shares (2.2567% of total shares) from August 29, 2025, to October 24, 2025, for a total amount of approximately 99.99 million yuan [1][2]. Company Performance - Guangpu Co., Ltd. reported a revenue of 802 million yuan in 2024, a decline of 10.33% year-on-year, and a net profit of 52.198 million yuan, down 41.54% [4]. - In the first three quarters of 2025, the company achieved approximately 619 million yuan in revenue, a decrease of 3.32% year-on-year, with a net profit of about 44.21 million yuan, down 38.35% [4]. - The company's cash flow from operating activities showed a significant decline of 175.27%, resulting in a net cash outflow of 21.2994 million yuan [4]. Accounts Receivable Concerns - By the end of 2024, accounts receivable reached 136 million yuan, accounting for 260% of the net profit [5]. - As of September 30, 2025, accounts receivable increased to 174 million yuan, representing 394% of the net profit, indicating significant recovery pressure [5].