Core Viewpoint - After a significant price increase of nearly 80% over two months, the controlling shareholder of Yuyin Co., Ltd. (御银股份) has announced another share reduction plan [2]. Group 1: Shareholder Actions - The controlling shareholder, Yang Wenjiang, plans to reduce his holdings by up to 22,835,700 shares, representing no more than 3% of the company's total shares, between July 29 and October 28, 2025 [2]. - As of the announcement date, Yang holds 115,029,774 shares, accounting for 15.11% of the total share capital [2]. - Yang previously announced a similar reduction plan on November 14, 2024, where he intended to reduce 22,835,700 shares from December 6, 2024, to March 5, 2025, and successfully sold 7,611,800 shares at an average price of 5.97 yuan per share, cashing out approximately 45.44 million yuan [2][3]. Group 2: Stock Performance - Since the beginning of 2025, Yuyin Co., Ltd. has seen its stock price increase by over 50%, with a nearly 80% rise in the last two months, particularly influenced by the digital currency market [2]. - The stock price closed at 7.30 yuan per share on July 7, 2025, indicating that Yang's current reduction could yield approximately 166.7 million yuan [3]. Group 3: Company Performance - Despite the stock price surge, Yuyin Co., Ltd. has experienced poor financial performance, with a reported revenue of 66.87 million yuan in 2024, a decline of 4.55% year-on-year, and a net profit of 10.91 million yuan, down 29.40% year-on-year [4]. - The company has seen a continuous decline in revenue over the years, with a drop from nearly 1.1 billion yuan in 2015 to 68.06 million yuan in 2022, although there was a slight recovery in 2023 [4]. - In the first quarter of 2025, the company reported a revenue of 15.34 million yuan, a year-on-year decrease of 9.73% [4]. Group 4: Research and Development - Yuyin Co., Ltd. has not invested in research and development for three consecutive years, with R&D expenses dropping from 100 million yuan in 2015 to zero from 2022 to 2024 [5]. - Currently, rental income constitutes 89.27% of the company's revenue, while the once-main ATM-related business has dwindled to only 0.45% of total revenue [5].