Recently, the optical module manufacturer Linktel Technologies issued an "Announcement on the Pre-disclosure of Shareholding Reduction by Shareholders Holding More Than 5% and Specific Shareholders."
According to the announcement:the shareholders of Linktel, including Wuhan Tongchuang Guangtong Management Consulting Partnership (Limited Partnership), Shenzhen Guozhong SME Development Private Equity Fund Partnership (Limited Partnership), Shenzhen Nanhai Growth Tongwin Equity Investment Fund (Limited Partnership), and acting in concert with them, Suzhou Tongchuang Tongyun Tongxiang Technology Venture Investment Partnership (Limited Partnership) and Wuhan Unitech Enterprise Management Consulting Partnership (Limited Partnership), plan to reduce their holdings by no more than 378,497 shares (0.2917% of the company's total shares), 590,500 shares (0.4551% of the total shares), 590,500 shares (0.4551% of the total shares), and 212,003 shares (0.1634% of the total shares), respectively, through centralized bidding or block trading within three months starting from fifteen trading days after this announcement.
The announcement states that the source of the shares to be reduced comes from shares held before the initial public offering and shares obtained through the capitalization of capital reserves.
Information shows that Linktel entered the capital market in September 2022. The explosion of large models in 2023 led to a surge in capital market attention towards the optical module concept. As a "newly listed stock," Linktel was subject to capital market speculation, causing its stock price to soar nearly tenfold.
However, as quarterly performance reports were disclosed, Linktel embarked on a long journey of stock price decline. As of the time of publication, Linktel's stock price has dropped more than 70% from its peak.
Linktel's mid-2024 semi-annual report reveals that the company achieved a net profit of 30.52 million yuan in the first half of the year, a year-on-year increase of 4.08%.