Tinci Materials just broke some news: three core executives are planning to reduce their holdings. Vice Chairman Xu Sanshan, Director and Deputy General Manager Gu Bin, and Deputy General Manager Shi Litao plan to collectively sell no more than 924,000 shares through centralized bidding within three months after 15 trading days, accounting for 0.0457% of the total share capital. The reason? Unified explanation—personal funding needs.

What's interesting about this?

First, the timing. The stock price just went through a round of adjustment in November. Now, with executives acting together, the market naturally wonders: do they think a short-term peak has been reached? Historically, such moves often dampen rebound sentiment.

Next, the scale. To be honest, 924,000 shares isn't much, but the problem is that the combination of "Vice Chairman + Director + Deputy General Manager" acting together carries a different symbolic weight. In fragile market sentiment, it's easy to read this as insiders not being optimistic about the short-term outlook.

There's another backdrop: the company is pushing for a Hong Kong listing and has just completed a convertible bond redemption. It's common for executives to adjust their holdings during major capital operations, but it does raise questions about valuation and timing.

So, how will the stock price move?

Sentiment will definitely take a hit. The most direct impact of collective executive selling is to shake shareholder confidence, especially if the broader market or the new energy sector weakens—this news will be amplified and short-term pressure and volatility are inevitable.

But the fundamentals are solid. A reduction of 0.0457% is a very limited actual selling pressure for an actively traded stock like Tinci Materials. Net profit in Q1 2025 grew over 30% year-on-year, and net profit attributable to shareholders maintained over 24% growth in the first three quarters—those numbers speak for themselves.

The industry level is even more critical: the lithium hexafluorophosphate market has already shown signs of supply-demand tightening and price recovery, with the entire industry emerging from a cyclical bottom. The company has made pilot-scale progress in solid-state battery ( sulfide electrolyte ) technology, is building overseas bases, and the Hong Kong listing story can attract long-term capital to enter during volatility.

So this looks more like an "emotional test." There may be short-term fluctuations, but there's not much room for a sharp drop—the actual selling pressure is light, and fundamentals are improving. An intriguing game.