Hynar Water Group Co. Ltd.

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Shenshui Haina's 2026 interim net loss widens to 56.62 million yuan

Shenshui Haina released its 2026 interim report, showing total operating revenue of 151 million yuan, down 8.94% year on year, and a net loss attributable to the parent of 56.62 million yuan, a wider loss than the same period last year, down 40.95 million yuan. Net cash inflow from operating activities was 3.38 million yuan, down 83.13% year on year. The company's asset-liability ratio rose to 77.92%, gross margin was 28.44%, return on equity was negative 10.83%, and diluted earnings per share was negative 0.32 yuan. The number of shareholders was 18,500, and the top ten shareholders held 36.60% of the total share capital.

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Jiemian·23dRead more →

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Shenshui Haina's 'change of ownership' to Maoming state-owned assets plan terminated

Shenshui Haina's controlling shareholder Li Haibo and his concert parties have signed a termination agreement with Maoming Development Group, bringing an end to a control change plan that lasted over a year and a half. Under the agreement, Li Haibo must repay within 30 working days the 50 million yuan earnest money and 30 million yuan deposit previously received, both without interest. If overdue, the 80 million yuan will convert to debt and accrue simple interest at an annual rate of 5.2 percent, while also bearing liability for breach of contract. Previously, Maoming Development Group had planned to acquire approximately 45.3619 million shares from the transferors in two steps, representing 25.58 percent of the company's total share capital at the time, and had already paid the aforementioned 80 million yuan. After the termination, Li Haibo and his concert parties still collectively hold 23.42 percent of the company's shares, with no change in the controlling shareholder or actual controller.

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上海证券报·77dRead more →