Fushiholding: Shareholder Song Chunjing plans to reduce holdings by no more than 19.2777 million shares

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Radar Finance Text | Feng Xiuyu Edited | Li Yihui

On February 24, Beijing Fushi Holdings Development Co., Ltd. (stock abbreviation: Fushi Holdings) announced that shareholder Ms. Song Chunjing, who owns more than 5% of the company, plans to reduce her holdings. Ms. Song currently holds 57,554,281 shares, accounting for 5.97% of the total share capital. She plans to reduce her shares by no more than 19,277,686 shares, or 2.00% of the total share capital, through centralized bidding or block trades between March 18, 2026, and June 17, 2026.

Of these, no more than 9,638,843 shares, or 1.00% of the total share capital, will be sold via centralized bidding. The reason for the reduction is personal funding needs. This plan complies with relevant laws and regulations, will not lead to a change in the company’s control, and will not affect the company’s ongoing operations.

According to Tianyancha, Fushi Holdings was established on January 23, 2003, with a registered capital of 963.884336 million RMB. The legal representative is Chen Yongliang. The registered address is No. 512, Building 8, No. 30 Shixing Street, Shijingshan District, Beijing. The main business includes experience marketing, public relations advertising, digital marketing, content marketing, and big data marketing services.

Currently, the company’s chairman is Chen Yongliang, the secretary is Zhu Di, with 787 employees, and the actual controller is Chen Yongliang.

The company has stakes in 21 subsidiaries, including Tianjin Disi Cultural Media Co., Ltd., Guiyang Huayi Hengxin Information Consulting Service Co., Ltd., Beijing Jingrui Transmission Advertising Co., Ltd., Shanghai Xingqi Marketing Consulting Co., Ltd., and Shanghai Disi Market Planning Consulting Co., Ltd.

In terms of performance, the company’s revenue for 2022, 2023, and 2024 was 1.214 billion yuan, 1.38 billion yuan, and 1.221 billion yuan, respectively, with year-over-year growth of 17.25%, 13.65%, and -11.50%. Net profit attributable to the parent was 29.1688 million yuan, -21.4529 million yuan, and -131 million yuan, with year-over-year changes of -87.29%, -173.41%, and -508.40%. During the same period, the company’s asset-liability ratio was 83.71%, 80.71%, and 87.38%.

Regarding risks, Tianyancha data shows the company has 865 internal Tianyan risks, 739 surrounding risks, 766 historical risks, and 360 warning risks.

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