Shenzhen Zhongheng Huafa Co Ltd Class A

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Judicial auction investor Zhong Ge wins over 3 million shares of Shenzhen Huaqiang for 35.6994 million yuan

Zhong Ge, a well-known judicial auction investor in China's A-share market, has struck again, paying 35.6994 million yuan in full to acquire 3.1899 million shares of Shenzhen Huaqiang through a judicial sale. On the evening of September 15, Shenzhen Huaqiang announced that the judicial sale of shares held by its controlling shareholder, Wuhan Zhongheng New Technology Industry Group, had been completed. The subject shares are unrestricted tradable shares, accounting for 2.67% of Wuhan Zhongheng Group's own holdings and 1.13% of the listed company's total share capital. This batch of equity had previously failed to sell in one auction and a second auction, and was then transferred to the JD judicial sale platform, where it was offered in five separate 60-day sale procedures. Ultimately, natural person Zhong Ge won all the shares, with a calculated price of approximately 11.19 yuan per share. On September 15, Shenzhen Huaqiang closed at 12.36 yuan per share. The Shenzhen Intermediate People's Court has lifted the freeze on the above shares and forcibly transferred them to Zhong Ge. After this sale, Wuhan Zhongheng Group's holdings in Shenzhen Huaqiang will decrease from 119 million shares to 116 million shares. Recently, Zhong Ge has also spent over 267 million yuan to invest in two A-share companies. On September 2, he won 18 million shares of Jinlong Shares for 190 million yuan, and combined with the 6 million shares won at the reserve price on July 29, the two auctions totaled 24 million shares with a total transaction price of 231 million yuan, averaging a cost of 9.64 yuan per share.

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Shenhuafa A Releases 2026 Interim Report, Net Profit Falls 41.38% Year on Year

Shenhuafa A released its 2026 interim report on August 18, 2026. Net profit attributable to the parent company was 8.406 million yuan, down 41.38% from the same period last year. Total operating revenue was 311 million yuan, a decrease of 145 million yuan from the same period last year, down 31.83% year on year. Net cash flow from operating activities was negative 375,600 yuan, an improvement of 60.0427 million yuan compared with the same period last year. The company's latest asset-liability ratio was 36.94%, up 0.38 percentage points from the previous quarter and down 7.00 percentage points from the same period last year. The latest gross margin was 13.00%, up 0.57 percentage points from the previous quarter, marking two consecutive quarters of increase, and up 1.04 percentage points from the same period last year. The latest return on equity was 1.88%, down 1.55 percentage points from the same period last year. Diluted earnings per share were 0.03 yuan, down 0.02 yuan from the same period last year, a decline of 41.30%. The latest total asset turnover was 0.44 times, down 0.20 times from the same period last year, a decline of 31.98%. The latest inventory turnover was 3.33 times, down 2.63 times from the same period last year, a decline of 44.17%. The company had 24,400 shareholders, and the top ten shareholders held 167 million shares, accounting for 59.14% of total share capital.

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Shenhuafa A first-half net profit 8.406 million yuan, down 41.38% year-on-year

Shenhuafa A disclosed its 2026 half-year report. In the first half, it achieved operating revenue of 311 million yuan, down 31.83% year-on-year. Net profit attributable to shareholders of the listed company was 8.406 million yuan, down 41.38% year-on-year. Basic earnings per share were 0.0297 yuan. The company said that due to the combined impact of Middle East geopolitical conflicts and rising upstream supply chain prices, raw material procurement costs in the industry continued to climb, and cost pressure was transmitted to downstream end products, leading to weaker overall market demand, a simultaneous reduction in production and sales scale, and a sharp year-on-year decline in operating revenue.

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Huafa Property lowers private placement cap to 2.65 billion yuan, controlling shareholder lock-up extended to 36 months

Huafa Property has adjusted its 2026 A-share private placement plan, reducing the fundraising cap from 3 billion yuan to 2.65 billion yuan. The controlling shareholder, Huafa Group, will correspondingly lower its subscription amount to no more than 2.65 billion yuan. The maximum number of shares to be issued has been raised from 713 million to 808 million, with the calculation base changed to 30 percent of total share capital after excluding treasury shares. Two projects have been removed from the investment list: Hangzhou Wuyu Linchen Court and Zhuhai Huafa Fengjing Bay Phase Two. The allocation of funds to the remaining seven real estate projects remains unchanged. The pricing base date has been shifted from the board resolution announcement date to the first day of the issuance period, eliminating the previously fixed floor price of 4.21 yuan per share. The issue price will now be determined with a floor set at the 20-day average price prior to issuance. Lock-up rules have been tightened: the basic lock-up period for shares subscribed by Huafa Group has been uniformly extended from 18 months to 36 months. If its shareholding exceeds 30 percent, the 36-month lock-up requirement remains in place.

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