Elegant Home-Tech Co., Ltd. engages in the research and development, production, and sales of polyvinyl chloride elastic floorings in China and internationally. It offers flooring, wall panel, and molding products. The company was founded in 1999 and is based in Zhangjiagang, China.
Country
Sector
Themes
Also in
Price· split & dividend adjusted
No price history for this asset yet.
News & notes moving603221.CG
603221.CG▼
Elegant Home-Tech posts net loss of 38.48 million yuan in 2026 interim report, swinging from profit to loss
Elegant Home-Tech released its 2026 interim report, showing a swing from profit to loss, with net profit attributable to the parent company at negative 38.48 million yuan, a decrease of 66.59 million yuan compared with the same period last year, down 236.86 percent year on year. Total operating revenue was 483 million yuan, down 32.69 million yuan, or 6.34 percent, from a year earlier. Net cash inflow from operating activities was 35.10 million yuan, down 53.51 percent year on year. The company's latest asset-liability ratio was 28.22 percent, and gross margin was 7.82 percent, down 9.84 percentage points from the same period last year. Diluted earnings per share were negative 0.16 yuan.
Shanghai Stock Exchange suspends trading accounts of investors linked to Elegant Home-Tech
The Shanghai Stock Exchange has taken self-regulatory measures to suspend account trading for investors linked to Elegant Home-Tech. On the evening of August 18, the exchange issued a notice saying that Elegant Home-Tech's share price continued to fluctuate sharply, and that some investors displayed abnormal trading behavior that disrupted the normal order of stock trading. In accordance with regulations, the exchange took self-regulatory measures including suspending account trading for the relevant investors. Elegant Home-Tech had been planning a cross-sector move into the storage testing equipment track, and from July 21 to August 18 it hit the daily limit up in 12 of 13 trading days, with a cumulative gain of 214.8 percent. That evening the company issued an announcement on abnormal share price movement, saying the stock carries huge trading risk and concept speculation risk, and that its static price-to-earnings ratio reached 423.11 times, significantly higher than the industry level of 28.99 times.
Aili Home hits repeated limit-ups on first trading day after resumption, up over 213% in 21 days
Aili Home opened higher on its first trading day after resumption and repeatedly hit the daily limit-up during the session. As of press time on August 18, it was up 9.24% at 29.79 yuan per share, with turnover exceeding 12% and a total market value of 7.217 billion yuan. Since July 21, the stock has posted 11 limit-up boards in 12 trading days, with a cumulative gain of 213.94% as of the midday break on August 18. The company has already suspended trading twice for verification. On the evening of August 17, it announced that the stock had hit the daily limit-up for 11 consecutive trading days from July 21 to August 10, with the share price surging 185.56% in the short term, accumulating huge trading risks and seriously deviating from the listed company's fundamentals. This round of gains began with a cross-border acquisition plan disclosed on the evening of July 20, under which the company intends to acquire no less than 77.08% of Oconnor's equity in cash. Due diligence, financial audit, and asset appraisal have not yet been completed, core terms still need to be negotiated and implemented, and a formal agreement has not yet been signed. Aili Home listed on the main board of the Shanghai Stock Exchange in 2020 and mainly produces PVC resilient flooring, while Oconnor focuses on storage testing equipment and testing services. In the first quarter of this year, the company reported a net loss attributable to shareholders of 14.8277 million yuan, down 166.88% year on year, and its interim results forecast expects a loss of 34.5 million to 40.5 million yuan in the first half of the year.
Home furnishing industry reshuffle: shell sales, cross-sector moves, and contrarian bets proceed in parallel
The home furnishing industry is undergoing unprecedented divergence, with at least 10 listed home furnishing companies seeking changes of control as of August 2026. The family of Xia Zhisheng, founder of Zhejiang Meida, transferred a 29.99% stake to cash out about 1.29 billion yuan, with the buyer being cross-border e-commerce firm XingShang Innovation. After the restructuring of ST Markor's controlling shareholder Markor Group, XiaoCi Investment acquired a 51% stake, and actual controller Li Shaofeng also controls communication component supplier WandeTai Optoelectronics. Elegant Home announced the acquisition of no less than 77.08% of semiconductor testing company O'Connell, after which its share price hit the daily limit for 10 consecutive sessions. Monalisa Home Furnishing spent 500 million yuan to enter generative artificial intelligence and changed its name to Monalisa Shuihua. Jason Furniture chose to double down on its core business instead, elevating mattresses to a strategic category. Its 2025 research and development expenses rose 31.19% year-on-year to 369 million yuan, and annual revenue exceeded 20 billion yuan for the first time, reaching 20.056 billion yuan. Shenwan Hongyuan and Guotai Haitong Securities both noted that concentration in the home furnishing industry remains low, and the bottoming-out reshuffle in the property sector is expected to accelerate share gains for leading players.
Elegant Home-Tech Suspends Trading Again for Review After Hitting Upper Limit for 11 Consecutive Trading Days
Elegant Home-Tech announced a trading suspension starting August 11 for a review, as the company's stock hit the daily upper limit for 11 consecutive trading days from July 21 to August 10, with the share price surging 185.56 percent in a short period and significantly deviating from fundamentals. The company had previously suspended trading from August 3 to 5 for a review, when the cumulative share price increase had reached 135.77 percent, and resumed trading on August 6. As of the close on August 10, Elegant Home-Tech closed at 27.30 yuan, with a static price-to-earnings ratio of 385.03 times, far exceeding the industry average of 28.40 times. The company also cautioned that the major plan to acquire no less than 77.08 percent equity in Oconnor with cash involves uncertainties, and the target company operates in the storage testing equipment industry, facing strong cyclical risks and being relatively small in scale.
Unitree Technology IPO online subscription lottery rate 0.0181%; Longsys half-year net profit surges 715 times
Several companies released important announcements today. Unitree Technology announced the final online subscription lottery rate for its STAR Market IPO at 0.01809759%, with an issue price of 150.80 yuan per share. Longsys disclosed its 2026 semi-annual report, achieving a net profit of 10.577 billion yuan, a year-on-year increase of 71,528.66%, and plans to repurchase shares with 400 million to 800 million yuan. Elegant Home, which hit the daily limit for 12 out of 11 trading days, announced that its stock price rose 185.56% over 11 trading days, and trading was suspended again for review just three trading days after resumption. The lottery numbers for the year's most expensive new stock, Precisive Laser, were drawn, totaling 6,423 winning numbers, with an issue price of 186.88 yuan per share. Gan & Lee Pharmaceuticals authorized Menarini the commercialization rights for the overweight or obesity indication of Bofangglutide in 27 EU countries and other regions, with milestone payments of up to 664 million euros. United Nova Technology reported a half-year net profit of 278 million yuan, turning losses into profits year-on-year. Construction Machinery plans to acquire 100% equity of Pucheng Clean Energy Company, and its stock was suspended. In addition, GigaDevice's subsidiary invested 100 million US dollars to subscribe for private equity fund shares. The upper-level equity structure change of Shanshan's controlling shareholder was completed, with Conch Group becoming the indirect controlling shareholder. Easyhome's actual controller changed to Yang Fang.
Elegant Home Furnishings Halts Trading Again for Review After 11 Consecutive Limit-Up Moves
Elegant Home Furnishings has seen its share price hit the daily upper limit for 11 consecutive trading days, surging a cumulative 185.56 percent, after a cross-industry acquisition moved it into the semiconductor memory testing equipment sector. The company announced it will suspend trading again from August 11 for a review. This is the second trading halt for review in the near term, following an earlier suspension on August 3 after repeatedly triggering severe abnormal movement thresholds. Elegant Home Furnishings originally focused on plastic flooring. On July 20 it announced plans to acquire no less than 77.08 percent of Wuhan Oukangnuo Electronic Technology in cash, entering the semiconductor memory testing equipment space. The total valuation of Oukangnuo's entire equity does not exceed 650 million yuan. The Shanghai Stock Exchange subsequently issued a regulatory work letter, questioning the purpose of the cross-industry deal and its relationship to the core business. The company replied that its existing main business is too narrow and its risk resilience needs strengthening, requiring the cultivation of a second core business. In the first quarter of this year, Elegant Home Furnishings posted a net loss attributable to the parent of 14.8277 million yuan, and it expects a loss of 34.5 million to 40.5 million yuan in the first half. The target company Oukangnuo reported revenue of 70.6782 million yuan and net profit of 6.1068 million yuan in 2025, and revenue of 79.8798 million yuan and net profit of 37.1967 million yuan in the first half of 2026. The earnings growth was mainly driven by bulk shipments of GEN4 and GEN5 SSD testing equipment and a surge in orders fueled by downstream memory foundry expansion.
BeiGene first-half net profit jumps 6.27 times year-on-year, revenue guidance raised to 44.9–46.2 billion yuan
BeiGene has released its key financial data for the first half of 2026. Net profit attributable to parent company shareholders reached 3.271 billion yuan, a year-on-year increase of 627.1 percent. Total operating revenue was 22.22 billion yuan, up 26.8 percent. Product revenue came in at 21.797 billion yuan, a rise of 25.6 percent, driven mainly by sales growth of Brukinsa, Amgen-licensed products, and Tevimbra. The company also raised its 2026 full-year revenue forecast to between 44.9 billion and 46.2 billion yuan, up from the previous range of 43.6 billion to 45.2 billion yuan, reflecting Brukinsa's leading position in the US market and its continued expansion in Europe and other key global markets. In other news, Elegant Home-Tech has completed a trading halt review and will resume trading on August 6. The company expects a net loss for the first half of 2026 and has warned of irrational speculation risks. Midea Group had cumulatively repurchased A-shares worth 6.973 billion yuan as of July 31. China Merchants Energy Shipping plans to build five Aframax tankers for a total price of approximately 2.485 billion yuan. Kiwi Instruments intends to acquire a 100 percent stake in Jingyi Semiconductor for 1.65 billion yuan, constituting a major asset restructuring. Muyuan Foods reported July commercial pig sales revenue of 8.897 billion yuan, down 23.56 percent year-on-year. RemeGen expects a first-half 2026 net profit of around 4.7 billion yuan, swinging from a loss to a profit.
Elegant Living hits 9th daily limit up, then announces trading halt for review; surge exceeds 135%
Elegant Living announced that its stock repeatedly triggered abnormal fluctuation conditions between July 21 and July 31, 2026, and will be halted from trading starting August 3, 2026, for a review. The company stated that its fundamentals have not changed materially, but the stock price has significantly detached from fundamentals, exposing investors to considerable market risk. The stock had posted nine consecutive limit-up sessions, all at the daily ceiling, following news of a cross-industry acquisition of storage testing company Oconnor, with a cumulative gain exceeding 135%. It closed at 22.54 yuan per share, with unfilled buy orders exceeding 41,000 lots. The company previously disclosed plans to acquire no less than 77.08% of Oconnor's equity using its own funds and self-raised cash, with an overall valuation not exceeding 650 million yuan, but a formal agreement has yet to be signed and uncertainties remain.
Multiple Companies on Shanghai and Shenzhen Stock Exchanges Release Key Announcements on the Evening of July 31
On the evening of July 31, multiple listed companies on the Shanghai and Shenzhen stock exchanges released key announcements. Mentech Optical & Magnetic plans to raise no more than 1.283 billion yuan through a private placement for projects including high-speed optical module smart manufacturing. Elegant Home-Tech will suspend trading from August 3 for verification due to severely abnormal stock price fluctuations. Hongqiao Holdings plans to raise no more than 12 billion yuan through a private placement for wind power, photovoltaic, and aluminum deep processing projects. China Southern Power Grid Technology intends to acquire a 100% stake in Yuoneng Power for 445 million yuan to resolve horizontal competition. Jinhui Liquor needs to pay back taxes and late fees totaling 83.8181 million yuan. Tianli Lithium Energy and its actual controller have been placed on file by the China Securities Regulatory Commission for suspected information disclosure violations. In terms of performance, Aofei Data's net profit in the first half of the year increased by 123.64% year-on-year. Fullhan Microelectronics expects its first-half net profit to grow by 1,072.72% to 1,420.19% year-on-year. Shengda Resources' first-half net profit rose by 456.46% year-on-year. Several companies disclosed buyback or share increase plans, among which GigaDevice plans to repurchase shares worth 1 billion to 2 billion yuan for cancellation, and Zhongchuang Zhiling plans to repurchase shares worth 300 million to 400 million yuan. In addition, China National Nuclear Power's Liaoning Zhuanghe nuclear power project and Zhejiang Jinqimen nuclear power project have been approved by the State Council. Titan Wind Energy has signed a shipbuilding contract worth approximately 420 million to 480 million US dollars.
MIIT to roll out AI plus software action plan, AI application sector stays active
The Ministry of Industry and Information Technology said it will accelerate the rollout of an AI plus software action plan to promote the intelligent transformation of software development. Boosted by the news, AI application stocks were active in early trading. Chuanzhi Education hit its daily limit up, marking four consecutive trading days of limit-up gains. Pu Lian Software, Hengfeng Information, Giant Network and other stocks followed the rally. Chuanzhi Education disclosed that its short-term training business has launched an AI embedded plus robotics development discipline, and the first course of the newly released AI embodied intelligent robot development discipline will start in October this year. The smart driving concept also performed actively. Zhejiang Shibao hit its daily limit up, while VanJee Technology and Suo Ling shares followed the rise. Earlier, Guo Shougang, head of the equipment industry division at the MIIT, said that since the beginning of this year, the penetration rate of passenger cars with Level 2 combined driver assistance functions has reached 70.5 percent, and the penetration rate of passenger cars with NOA functions has reached 34.2 percent. In addition, Elegant Home-Tech opened at its daily limit up, achieving an eight-day winning streak. The company previously announced plans to acquire no less than 77.08 percent of Oconnor for an overall valuation not exceeding 650 million yuan. Oconnor focuses on storage testing equipment and testing services.
Elegant Home Technology hits six straight upper limits, plans to acquire at least 77.08% of Oconnor
Elegant Home Technology opened at its upper limit on the 28th, notching its sixth consecutive upper-limit session, with over 420,000 lots of buy orders sealing the ceiling at 16.94 yuan per share, giving it a market capitalisation of 4.104 billion yuan. The company announced on 23 July that it intends to use its own funds and self-raised cash to acquire no less than 77.08% of Oconnor, with the total valuation of Oconnor's entire equity not exceeding 650 million yuan. After the acquisition, Oconnor will become a controlled subsidiary. Oconnor specialises in storage testing equipment and testing services, with four major product series — GA300, SW400, MS200, and ES100 — covering SLT testing solutions for SSD modules, DDR modules, memory chips, and embedded storage. The company also cautioned that its stock has seen abnormal volatility, with the cumulative deviation of its closing price increase exceeding 20% over two consecutive trading days, and that it expects a net loss attributable to the parent company of 40.5 million to 34.5 million yuan for the first half of 2026, mainly due to a tightening international trade environment and exchange rate fluctuations.
Elegant Home Tech hits limit-up for sixth straight session on plan to acquire Oconnor stake
Elegant Home Tech opened limit-up and extended its winning streak to six consecutive daily limit-up sessions, with over 420,000 lots of buy orders sealing the limit-up price at 16.94 yuan per share, giving it a market capitalization of 4.104 billion yuan. The company previously announced plans to acquire no less than 77.08 percent of Oconnor using its own funds and self-raised cash, with the total valuation of Oconnor's entire equity not exceeding 650 million yuan. After the acquisition, Oconnor will become a controlled subsidiary of the company. Oconnor focuses on storage testing equipment and testing services, and the company's management believes the related industry has significant growth potential, with this acquisition helping to cultivate new profit growth drivers. The company also cautioned that the relevant formal agreement has not been signed, the transaction is subject to uncertainty, and the counterparty has committed to a cumulative net profit after deducting non-recurring items of no less than 230 million yuan over the four years from 2026 to 2029, the achievement of which is also uncertain. In the broader market, brain-computer interface concepts were active, with Chuangxin Medical and Saili Medical both hitting their second consecutive limit-up sessions. Innovative drug concepts strengthened, with Hainan Haiyao also notching a second straight limit-up. AI application plays bucked the trend and rallied, with Nantian Information surging to its daily limit-up.
Elegant Home Tech Plans to Acquire at Least 77.08% Stake in Oukangnuo
Elegant Home Tech announced that the company plans to acquire at least a 77.08% equity stake in Wuhan Oukangnuo Electronic Technology Co., Ltd. using its own funds and self-raised cash. The overall valuation of Oukangnuo's 100% equity interest will not exceed 650 million yuan. After the acquisition, Oukangnuo will become a controlled subsidiary of the company. The target company focuses on storage testing equipment and testing services. This transaction constitutes a related-party transaction and is not expected to constitute a major asset restructuring. The company stated that signing the letter of intent will help cultivate new profit growth points, leverage management and platform advantages to support the rapid growth of new businesses, and enhance overall competitiveness and profitability.
Elegant Home Tech's Controlling Shareholder Plans to Transfer 20% Stake via Agreement
Elegant Home Tech's controlling shareholder, Zhangjiagang Bohua Enterprise Management, plans to transfer a 20 percent stake in the company through an agreement to Zhao Ming and Hangzhou Bainian Qinshu Own Funds Investment Partnership. Specifically, 36.681 million shares, representing 15 percent of the total share capital, will be transferred to Zhao Ming, and 12.227 million shares, representing 5 percent, will be transferred to Hangzhou Bainian Qinshu Own Funds Investment Partnership. The transfer price is 9.279 yuan per share, which is 90 percent of the closing price on the trading day before the agreement was signed, with a total consideration of 454 million yuan. This equity change does not trigger a mandatory tender offer, does not constitute a related-party transaction, and will not result in a change of the company's controlling shareholder or actual controller.
Elegant Home Tech Warns of Over 34.5 Million Yuan Loss, Potentially Its Worst Interim Report Since Listing
Elegant Home Tech expects a net loss attributable to the parent of 40.5 million to 34.5 million yuan for the first half of 2026, with a net loss after deducting non-recurring items of 40.8 million to 34.8 million yuan, potentially marking its worst interim report since listing. The company attributed the expected loss mainly to a tightening international trade environment and tariff policies, which led to reduced business volume at domestic factories, higher per-unit labor and manufacturing costs, and increased exchange losses from currency fluctuations. In 2025, revenue fell 13.93 percent year-on-year to 1.127 billion yuan, while net profit attributable to the parent plunged 87.55 percent to 17.1777 million yuan. As of the close on July 13, Elegant Home Tech dropped 2.32 percent to 1.77 yuan per share, giving it a total market value of 2.878 billion yuan.