Enlight Media(SZ:300251) 凤凰网财经·2025-05-20 15:04Core Viewpoint - The domestic animated film "Nezha: Birth of the Demon Child" has achieved a total box office of 15.4 billion yuan, setting a new record for domestic films, coinciding with the announcement of a share reduction plan by the controlling shareholder of Light Media [1][2]. Group 1 - As of May 17, "Nezha: Birth of the Demon Child" has surpassed 15.4 billion yuan in total box office revenue, continuing to break records for domestic films [1]. - Light Media's controlling shareholder, Light Holdings, plans to reduce its shareholding by up to approximately 29.24 million shares, accounting for no more than 1% of the company's total share capital [2]. - The reduction is primarily aimed at lowering the debt ratio and improving the financial structure, despite the shareholders expressing confidence in the company's future development [2]. Group 2 - The potential cash-out from the share reduction, based on the closing price of 18.39 yuan per share, could amount to approximately 538 million yuan [3]. - Following the success of "Nezha 2," Light Media's stock price saw a significant increase, reaching a five-year high of 41.68 yuan per share on February 17 [4]. - As of May 20, Light Media's stock opened lower at 17.92 yuan per share, reflecting a decline of 2.56%, with the total market value around 52.6 billion yuan, indicating a 50% drop in stock price over two months [5].