Core Viewpoint - The chairman of Shunluo Electronics, Yuan Jinyu, announced a plan to reduce his holdings by up to 13.37 million shares, which is 1.6945% of the total share capital after excluding the repurchase account, leading to a decline in the company's stock price [1][4][6] Group 1: Shareholding and Reduction Plan - Yuan Jinyu plans to reduce his holdings due to personal financial needs, utilizing both centralized bidding and block trading methods [4][5] - The reduction period is set from June 25, 2025, to September 24, 2025, following a 15 trading day pre-disclosure period [5] - As of the announcement date, Yuan Jinyu holds 53.51 million shares, accounting for 6.6360% of the total share capital [6] Group 2: Historical Reduction Activities - Yuan Jinyu has a history of share reductions, having reduced his holdings multiple times in recent years, including a total of 8,063,180 shares from August to December 2021 [7] - In total, he has reduced shares amounting to 10,724,800 from June 2022 to January 2023 [8] Group 3: Company Performance and Challenges - Despite the chairman's frequent reductions and ongoing intellectual property litigation, Shunluo Electronics has shown steady performance, with revenue increasing from 42.38 billion in 2022 to 50.4 billion in 2023, a growth of 18.93% [11][12] - The company reported a net profit of 6.41 billion in 2023, a significant increase of 47.98% year-on-year [11] - For 2024, the company continued its growth trajectory, achieving a revenue of 58.97 billion, up 16.99%, and a net profit of 8.32 billion, up 29.91% [12]