Guofang Group announced that its controlling shareholder and actual controller Zhang Guofang has sold 2 million shares, representing 0.30% of the company's total share capital. Due to personal funding needs, he decided to terminate the share reduction plan early, and the remaining unsold shares will not be reduced within the current plan period. The company achieved revenue of 234 million yuan in the first quarter of 2026, with net profit attributable to the parent company of 41.58 million yuan.
Gansu Guofang Gongmao(Grp)Controlling shareholder sold 2 million shares and terminated reduction plan early, indicating personal funding needs and potential lack of confidence.