Hichain Logistics Co.Ltd(300873) : the reduction of shareholders’ holdings is mainly due to their own capital needs and will not affect the short, medium and long-term stable development of the company

Every AI express, investors ask questions on the investor interaction platform: what is the specific reason for the obvious decline in the growth rate of the company’s revenue and non profit deduction in the first quarter? Will it affect the performance of the second quarter so far? Two shareholders and three shareholders have been reducing their holdings intermittently. Is there a strategic gap between several major shareholders, which will affect the long-term and stable development of the company? What solutions does the management have for this? At this time, the company launched a repurchase plan, so why not use this fund to directly repurchase the shares of the reducing party? It can also reduce the pressure of call auction and boost investor confidence.

Hichain Logistics Co.Ltd(300873) ( Hichain Logistics Co.Ltd(300873) . SZ) said on the investor interaction platform on May 21 that the growth rate of non profit deduction in the first quarter of the company slowed down compared with the same period last year, mainly because some businesses in some regions of the company were affected by the epidemic, resulting in the increase of labor costs and epidemic prevention costs and the slowdown of business volume growth. For detailed data, please refer to the first quarter report of the company in 2022. More than 5% of the circulating shareholders of the company announced the reduction plan, mainly for their own capital needs, which will not affect the short, medium and long-term stable development of the company.

(reporter Zhang Xiwei)

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