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Hes Technology Group

Haoersai Technology Group Corp., Ltd. designs, constructs, procures, operates, maintains, and sells lighting engineering products in China. Its offerings include smart light poles for national events, landmark buildings, super high-rise buildings, gyms, city renovation, municipal roads and bridges, interior spaces, and health lighting. The company also provides smart tourism experiences, smart city and town solutions, digital village, smart parking and security, and smart sanitation, along with the HAO platform for smart consulting, planning, design, and management. Additionally, it engages in smart energy, offering intelligent transportation energy replenishment and one-stop solutions. Formerly known as HES Technology Group Co., Ltd., it changed its name to Haoersai Technology Group Corp., Ltd. in May 2020. Founded in 2000, it is headquartered in Beijing, China.

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HES Technology Reports Net Loss of 28.31 Million Yuan in 2026 Interim Report, Narrowing Year-on-Year

HES Technology released its 2026 interim report, with net profit attributable to the parent company at a loss of 28.31 million yuan, narrowing the loss by 5.40 million yuan compared with the same period last year. Total operating revenue was 121 million yuan, down 23.52 percent year-on-year. Net cash inflow from operating activities was 10.66 million yuan, an increase of 38.08 million yuan from the prior-year period. The company's latest asset-liability ratio was 25.85 percent, gross margin was 20.58 percent, and diluted earnings per share was negative 0.19 yuan.
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Horus Eye's 2026 Interim Report Shows Net Loss of 28.31 Million Yuan

Horus Eye released its 2026 interim report, with net profit attributable to the parent company at negative 28.31 million yuan. The company's total operating revenue was 121 million yuan, down 23.52% from the same period last year. Net cash inflow from operating activities was 10.66 million yuan. The latest asset-liability ratio was 25.85%, gross margin was 20.58%, and ROE was negative 2.44%.
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Haorsai shares swing on volatility; first-half loss forecast at 26 million to 32 million yuan

Haorsai announced that its stock price deviation over three consecutive trading days exceeded 20 percent, triggering abnormal trading volatility. The company also disclosed that it expects a net loss attributable to shareholders of the listed company of 32 million to 26 million yuan for the first half of 2026, with a non-recurring net loss of 33 million to 27 million yuan. In addition, the company is under investigation by the China Securities Regulatory Commission for suspected illegal information disclosure, with no final conclusion yet. Another unit bribery case has been sent back for retrial, and the final judgment remains uncertain. The company stated that after verification, there are no major matters that should be disclosed but have not been disclosed.
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