The Zhitong Finance App learned that Aidi Palace (00286) fell more than 14%, hitting a new low. Since this year, it has plummeted 76%. As of press release, it has fallen 14.67% to HK$0.06, with a turnover of HK$3.09 million.
According to the news, according to the January 23 post-market announcement, due to the sharp drop in stock prices on January 23, part of the shares held by two shareholders, including Zhang Weiquan, the company's executive director, chairman of the board of directors and CEO, and Zhu Yufei, chairman of the Maternal and Child Business Cluster Strategy Committee and Global President of the Maternal and Child Business Cluster, were forcibly sold. Among them, Zhang Weiquan forcibly sold a total of 162 million shares, accounting for about 3.65%; Zhu Yufei's forcibly sold shares were 93.19 million shares, accounting for 2.1%. After the mandatory sale of shares, the shareholders' shareholding ratios fell to 8.41% and 12.79%, respectively.
According to reports, Aidi Palace was founded in Shenzhen in 2007, and later completed the restructuring and listing in 2019 through the acquisition by the listed company Tongjia Health. Since then, it has gradually divested Tongjia Health's original business and focused on the confinement service business.
Analysts said that judging from the company's performance in recent years, the persistent problem of profit has also always plagued Aidi Palace. Looking at the future market, I'm afraid this problem will be difficult to resolve in a short period of time. In particular, considering that the Empire Palace side is still aiming to achieve the “5 year 50 city” expansion plan in the next few years, it is still unknown whether the excessive speed of exhibition stores will further increase the pressure on the company's profits, or even leave other “sequelae.”