毛戈平夫妇等人，将至少套现14亿

Core Viewpoint - The article discusses the share reduction announcement by Mao Geping Cosmetics Co., Ltd., highlighting the planned sale of up to 17.2 million H-shares by major shareholders, including the founders, which represents 3.51% of the company's total issued shares. The reduction is primarily for personal financial needs and is not expected to impact the company's governance or operations significantly [2][5][6]. Group 1 - The share reduction involves six major shareholders, including founders Mao Geping and Wang Liqun, as well as other executive directors, with a potential cash-out of at least 1.4 billion HKD based on the opening price of 81.75 HKD per share [5][6]. - The timing of the share reduction coincides with the first window after the lock-up period, which typically lasts for 12 months for major shareholders and executives [6]. - The company emphasizes that the reduction will not lead to a change in control and that the major shareholders remain confident in the company's future [5][7]. Group 2 - The share reduction is executed through block trades, which is expected to mitigate panic selling in the market and stabilize the stock price [8]. - Mao Geping's stock price saw a significant increase, reaching 87.95 HKD per share, with a market capitalization of 431.12 billion HKD, reflecting a 7.26% rise on the day following the announcement [8]. - The company's financial performance shows promising growth, with a revenue of 2.588 billion CNY in the first half of 2025, a 31.3% increase year-on-year, and a net profit of 670 million CNY, up 36.1% [8].