Core Viewpoint - The major shareholder of Huicheng Vacuum, Nanshan Bridge, has reduced its stake below 5% after selling 1.2878 million shares, which reflects a significant profit from the company's stock price increase this year [2][3]. Group 1: Shareholder Actions - Nanshan Bridge reduced its holdings from 6.29% to 4.999994% by selling 1.2878 million shares in a recent transaction [2]. - The average selling price for the shares was 163.14 yuan, allowing Nanshan Bridge to realize approximately 210 million yuan from the sale [3]. - Nanshan Bridge's reduction in stake is part of a broader plan to sell up to 3% of the company's total shares, driven by operational needs [3]. Group 2: Company Performance - Huicheng Vacuum's stock price has increased significantly, rising over 210% from around 55 yuan at the beginning of the year to a peak of over 180 yuan in late July [2]. - Despite the stock price surge, the company's financial performance has shown a decline, with 2024 revenue at 520 million yuan and net profit down 16.02% year-on-year [5]. - The company reported a 35.82% increase in revenue in the first quarter of this year, but net profit decreased by 17.76% [5]. Group 3: Historical Context - Nanshan Bridge became a shareholder in Huicheng Vacuum in 2018, initially investing 50 million yuan for a stake that has since appreciated significantly [4]. - The company is recognized as a leading player in the vacuum coating equipment sector, serving major clients like Apple and BYD [5].