Guangdong Ding Tai Gaoke Technology Co., Ltd. (Ding Tai Gaoke), led by the female richest entrepreneur in Dongguan, recently announced the reduction of company stocks, cashing out 2.8 billion RMB. Data shows that Ding Tai Gaoke’s stock price has doubled since the beginning of this year. Once again, Chinese listed companies are seeing major shareholders cashing out at high levels.
Ding Tai Gaoke has recently issued several announcements about the reduction of major shareholders’ holdings. The announcement indicates that Ding Tai Gaoke’s controlling shareholder, Wang Xin, the richest woman in Dongguan, along with her husband and younger brother as concerted actors, plan to transfer 2.5% of equity at a discounted price of 270.55 yuan per share, cashing out about 2.8 billion yuan. The intended transfer of shares has been fully subscribed, with 29 institutional investors preliminarily identified as the transferees, intending to take over a total of 10,285,323 shares.
According to a report by “21st Century Business Review,” a media group under Guangdong Southern Finance and Economics Limited, Wang Xin, together with her husband and younger brother as concerted actors, collectively hold 79.89% of Ding Tai Gaoke’s shares, with a market value of around 140 billion yuan.
Public data indicates that on June 8th, Ding Tai Gaoke under Wang Xin’s leadership saw a significant price increase of 7.25%, closing at 424.63 yuan per share, with a total market value of 174.6 billion yuan. Its stock price has doubled since the beginning of this year. In 2026, Wang Xin ranked as the richest woman in Dongguan on the Hurun Global Rich List with a fortune of 38 billion yuan.
Ding Tai Gaoke’s revenue and net profit have seen a substantial year-on-year increase recently. According to the company’s first-quarter report for 2026, its revenue was 814 million yuan, up by 92.33% year-on-year, and the net profit was 261 million yuan, approximately 2.6 times higher.
This comes after Dong Mingzhu, the chairman of Zhuhai Gree Electric Appliances, and other concerted actors cashed out 1.664 billion yuan on June 5th. As the Chinese stock market continues to rise, many shareholders and executives of companies have announced plans to reduce their holdings, with some companies even issuing multiple shareholder reduction announcements. According to a report by “The Beijing News” on May 27th, data from the financial data service provider Eastern Fortune showed that since April 2026, more than 500 listed companies in the A-share market have had major shareholders announce reduction plans. Data from the Wind data service provider shows that the total amount of reduction plans by major shareholders of these 500 plus listed companies (calculated based on the closing price of the company on the date of the reduction announcement and the upper limit of the shareholders’ planned reduction quantity) exceeds 100 billion yuan. These listed companies cover various industries such as semiconductors, chemicals, machinery, and electrical equipment. Many of the companies that have issued reduction announcements are industry leaders and hot stocks that have doubled in price during the year.
Public information shows that Guangdong Ding Tai Gaoke Technology Co., Ltd. was established on August 8, 2013, with its headquarters in Dongguan City, Guangdong Province. It is a high-tech enterprise that integrates research and development, production, and sales of precision tools. The company’s main business includes the research and development of PCB drill bits, milling cutters, and CNC tools. Its PCB drill bits have a market share of 29.2% worldwide, ranking at the forefront and serving as the core product supporting the company’s performance.
PCB drill bits are widely used in industries ranging from AI servers, high-end graphics cards to new energy vehicles, low-orbit satellites, among others, all of which require drilling during the manufacturing process. Ding Tai Gaoke’s PCB drill bits are highly favored in the market for their precision and stability.