0039.HK▼
Beidahuang Deputy General Manager Li Dongguang Placed Under Detention
Beidahuang announced on the evening of September 2 that deputy general manager Li Dongguang recently received a case filing notice and a detention notice from the supervisory commission. The company said it has properly arranged related work, production and operations are normal, and the matter will not have a significant impact. According to the 2025 annual report, Li Dongguang previously served as a party committee member and deputy general manager of the group's Bei'an branch. Beidahuang's revenue in the first half of 2026 was 2.128 billion yuan, down 29.39 percent year on year, while net profit swung to a loss of 537 million yuan, mainly due to a change in the fertilizer business model. As of the close on September 2, the share price stood at 12.67 yuan, down 8.59 percent.