Seagull Housing issued a risk warning announcement on the evening of September 1, stating that its stock had hit the daily limit-up for seven consecutive trading days, with a cumulative gain of 95.54%. The company said the share price has seriously deviated from fundamentals, and there are risks of overheated market sentiment and irrational speculation. If the share price rises abnormally further, it may apply for a trading halt for review. The company mainly produces prefabricated integrated kitchen and bathroom space components. In the first half of 2026, revenue was 1.216 billion yuan, down 11.09% year-on-year, and net profit was a loss of 39.9612 million yuan. Previously, the company's controlling shareholder Zhongyu Investment planned to transfer 20% of its shares to Botai Chelian, and 5.01% of its shares to Fuqing Yaohong. After completion, the actual controller will change to Ying Zhenkai, but the transaction still requires multiple approvals and is subject to uncertainty.
PATEO CONNECT Tech (Shanghai)Guangzhou Seagull Kitchen And Bath Products Co LtdCompany warns of risk after seven limit-up days, citing deviation from fundamentals and potential trading halt.
