Chairman with Nearly 60 Billion Yuan Fortune Cashes Out 200 Million Yuan, Claims to Provide Market Participation Opportunities

Deep News09-08

Recently, Hithink Royalflush Information Network Co.,Ltd. (300033.SZ) released an announcement regarding the pre-disclosure of share reduction by its controlling shareholder and shareholders holding more than 5% of shares.

According to the announcement, the company's controlling shareholder, actual controller, and chairman Yi Zheng, who holds 36.13% of the company's shares, along with Hangzhou Kaisishun Technology Co., Ltd., which holds 8.96% of the company's shares, plan to reduce their combined holdings by no more than 1.3831 million shares (accounting for 0.26% of the company's total share capital).

Based on the closing price of 361.5 yuan per share on September 5, these shares are valued at approximately 500 million yuan. Among this, Yi Zheng personally plans to reduce 684,000 shares, cashing out approximately 247 million yuan.

Regarding the purpose of the share reduction, Hithink Royalflush mentioned in the announcement that "through moderate reduction, the aim is to provide market participation opportunities, release liquidity, and activate market vitality." This announcement has sparked widespread discussion following its release.

According to Hithink Royalflush's semi-annual report, the company achieved revenue of 1.779 billion yuan in the first half of the year, representing a year-over-year growth of 28.07%.

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