Jinke Properties hits daily limit up for third straight session after removing risk warning

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Jinke Properties hit its daily limit up for the third consecutive trading day after successfully removing its delisting risk warning. On July 2, after more than two years, Jinke Properties revoked its delisting risk warning and immediately surged to its daily limit, closing at 1.18 yuan per share, and hit the limit again the following day. The company issued an announcement on abnormal stock trading fluctuations, confirming that previously disclosed information requires no correction or supplement, recent production and operations are normal, and there have been no material changes in the internal or external environment. A senior management share purchase plan shows that three individuals, including chairman and president Guo Wei, intend to buy a combined total of no less than 3 million yuan and no more than 5 million yuan. So far, Li Gen and Yang Peng have made partial purchases, while Guo Wei has not yet bought any shares. Jinke Properties posted a net profit of 29.325 billion yuan in 2025, up 191.73 percent year-on-year, with net assets turning positive to 4.156 billion yuan. As the largest restructuring case in the real estate sector to date, its restructuring plan was completed in December 2025, involving 147 billion yuan in debt and 8,400 creditors.

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