Yashi Optoelectronics: Director Lin Xuefeng plans to reduce holdings by no more than 1.6 million shares

NightAirdropper · 2026-02-25T03:42:20+00:00

Yashi Optoelectronics shareholder Lin Xuefeng plans to reduce holdings by no more than 1,600,000 shares due to personal funding needs. The company's main products are optoelectronic display products, with revenue of 885 million yuan in 2022, expected to decrease to 664 million yuan in 2023, facing multiple risks.

NightAirdropper

2026-02-25 03:42:20

Abstract generation in progress

Radar Finance | Yang Yang Text | Li Yihui Editing

On February 24, Asia Optoelectronics (Stock Code: 002952) announced that shareholder and director Mr. Lin Xuefeng, who owns more than 5% of the shares, plans to reduce his holdings. Mr. Lin Xuefeng currently holds 19,279,983 shares, accounting for 11.7604% of the total shares outstanding after excluding shares held in the repurchase special securities account.

The proposed reduction will not exceed 1,600,000 shares, representing no more than 0.9760% of the total shares outstanding after excluding shares held in the repurchase account. The reason for the reduction is personal financial needs. The shares will be sold through centralized bidding or block trades. Mr. Lin Xuefeng promises to strictly comply with relevant regulations on share reduction, and this plan complies with applicable laws and regulations.

According to Tianyancha, Asia Optoelectronics was established on July 9, 2012, with a registered capital of 164.34 million RMB. The legal representative is Jia Jitao, and the registered address is No. 288 Yueling Road, Li Mountain District, Anshan City, Liaoning Province. The company’s main business involves research and development, design, production, and sales of customized LCD displays and electronic paper display modules, among other optoelectronic display products.

Currently, the company’s chairman is Jia Jitao, the secretary is Bian Ruiqun, with 2,309 employees. The actual controller is Jia Jitao.

The company has stakes in 7 subsidiaries, including Qixin Optoelectronics Co., Ltd., Asia Optoelectronics (Anshan) Co., Ltd., Asia Optoelectronics (Shenzhen) Co., Ltd., Heying Co., Ltd., and Shanghai Kresto Information Technology Co., Ltd.

In terms of performance, the company’s revenue for 2022, 2023, and 2024 was 885 million RMB, 664 million RMB, and 724 million RMB, respectively, with year-over-year growth of 44.93%, -24.93%, and 9.01%. Net profit attributable to shareholders was 122 million RMB, 23.2742 million RMB, and 16.799 million RMB, with YoY growth of 164.35%, -80.81%, and -27.82%. During the same period, the company’s asset-liability ratios were 25.86%, 22.30%, and 23.41%.

Regarding risks, Tianyancha data shows the company has 8 internal Tianyan risks, 13 surrounding risks, 1 historical risk, and 38 warning alert risks.

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