Why didn't Detong Capital reduce its holdings of Aisikai?

There are several reasons why Detong Capital did not reduce its holdings of Aisikai.

Why has Detong Capital been holding on to Ai Shikai? ESKAI was once a proud investment case of Detong Capital.

Ai Shikai's core business is the production and sales of industrial plate making machines. This market was once monopolized by international giants. At first, ESKAI cut off some customers of small and medium-sized printing enterprises by means of lower-priced products and leasing. In 2007, Detong Capital invested US$ 2 million shortly after its establishment, and accompanied it as the only early investor. Before the listing of Ai Sikai, Detong Capital held 65,438+07.03%, making it the second largest shareholder.

With the popularity of industrial board machines and fierce market competition, the performance of ASK has begun to decline in the first two years of listing. However, under the background that the market is optimistic about advanced manufacturing, 3D printing and other concepts, Aishikai was still successfully listed on the Growth Enterprise Market on 20 16, and the highest stock market value of Detong Capital was close to 10 billion yuan. However, Detong Capital only reduced its holdings by less than 6,543.8+0,000 shares, and still holds more than 6,543.8+0.6 million shares through Detong Taipu (654.38+065.438+0.29% Aikesi equity).

However, after listing, Ai Shikai did not reverse the trend, and his performance continued to decline. The net profit in 20 19 was only 5.76 million yuan, and the lowest share price fell from 50 yuan to less than 10 yuan. Before May this year, the market value was only in the early part of10 billion yuan, and the value of Detong Capital's shareholding was greatly reduced.