On the evening of February 20, Hoymiles shares (688032) disclosed the shareholding reduction announcement, Gangzhi Investment plans to reduce its holdings of no more than 3,722,200 shares of the company by means of centralized bidding and block trading within three months after 15 trading days from the date of disclosure of the shareholding reduction plan, that is, from March 14 to June 13, with a total reduction ratio of no more than 3% of the company's total share capital.

It is reported that Gangzhi Investment and its concerted actor Han Hualong hold a total of 11,655,500 shares of the company, all of which are A shares, accounting for 9.39% of the company's total share capital of 124 million shares. Among them, Gangzhi Investment holds 6,921,100 shares, accounting for 5.58% of the company's total share capital, and Hanwha Long holds 4,734,500 shares, accounting for 3.82% of the company's total share capital.

Hoymiles' 2024 third quarter report shows that Gangzhi Investment and Hanwha Dragon are the fourth and fifth largest shareholders of the company.

According to the data, Hoymiles is mainly engaged in the research and development, manufacturing and sales of photovoltaic inverter related products and energy storage related products, of which photovoltaic inverters and related products mainly include microinverters and monitoring equipment, shutdown systems, photovoltaic power generation systems, and energy storage related products mainly include energy storage inverters and energy storage systems.

Hoymiles shares were listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange on December 20, 2021, with an issue price of RMB 557.80 per share. After the listing, Hoymiles' share price soared all the way, and finally reached a high point of 1338.88 yuan, becoming the "star" in the A-share market at that time, and now, the company's share price is only more than 100 yuan, and even fell below the 100 yuan mark in July last year.

In the first three quarters of 2024, the company achieved operating income of 1.266 billion yuan, a year-on-year decrease of 10.12%; net profit attributable to the parent company was 246 million yuan, a year-on-year decrease of 40.88%; deducted non-net profit of 232 million yuan, a year-on-year decrease of 39.06%.