HBMC(SZ:300027) Shen Zhen Shang Bao·2026-02-09 12:15Core Viewpoint - The controlling shareholder of Huayi Brothers, Wang Zhongjun, is set to auction 70 million shares, representing 42.89% of his holdings and 2.52% of the company's total shares, with the auction scheduled for March 9-10, 2026 [1][2]. Shareholder Information - Wang Zhongjun's shareholding will decrease from 11.43% to 5.88% following the auction, while the combined holding of Wang Zhongjun and his associate Wang Zhonglei will drop from 13.81% to 8.26% [4]. - If the auction is successful, the controlling shareholders will still hold 5.74% of the total shares, maintaining their status as the largest shareholder [2]. Legal and Financial Issues - As of the announcement date, Wang Zhongjun and Wang Zhonglei's shares have been frozen, totaling 229 million shares, which is 100% of their holdings and 8.26% of the company's total shares [3]. - Huayi Brothers has faced significant financial losses, with cumulative losses exceeding 8.2 billion yuan from 2018 to 2024, and an expected net loss of 289 million to 407 million yuan for 2025 [6][7]. Financial Forecast - The company anticipates a net asset value of between -94 million and 63 million yuan by the end of 2025, which could trigger delisting risk warnings if the audited net assets are negative [8]. - The expected net profit for 2025 is projected to be a loss of 289 million to 407 million yuan, compared to a loss of 284.61 million yuan in the same period last year [7]. Market Performance - As of February 9, the stock price of Huayi Brothers increased by 6.15% to 2.07 yuan per share, with a total market capitalization of approximately 5.743 billion yuan, despite a 20% decline in stock price over the past year [9].