Tefa Services shares plunge 40% this year as shareholders cut stakes and earnings growth slows

EarningsCorporate Action
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Summary · why it matters

Tefa Services shareholder Longxin Construction Group reduced its holding by a combined 5.07 million shares through competitive bidding and block trades, representing 3% of the company's total share capital, cashing out approximately 161 million yuan. In 2025, three major shareholders—Yinkun Company, Longxin Construction, and Jiaxing Chuangze Investment—collectively sold 14.2 million shares of Tefa Services, cashing out over 600 million yuan in total. The company reported 2025 operating revenue of 2.972 billion yuan, up 3.80% year-on-year, and net profit attributable to the parent of 124 million yuan, up 1.84% year-on-year. In the first quarter of 2026, operating revenue was 731 million yuan, up 5.74% year-on-year, while net profit attributable to the parent was 32.81 million yuan, up 1.36% year-on-year, with net profit growth below 2% in both periods. In early trading on July 8, 2026, Tefa Services was quoted at 23.28 yuan per share, dipping to an intraday low of 22.76 yuan per share, a new stage low. From its all-time high of 79.37 yuan per share on November 29, 2024, the decline has reached 70.67%, with a cumulative drop of over 40% this year. At an earnings briefing on May 7, the company responded to the share price decline by stating it is committed to improving operational quality and efficiency, and will promptly announce any major initiatives such as buybacks. It also noted that gross margin pressure mainly stems from rigidly rising labor costs and intensifying industry competition.

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Off-coverage companies 3

嘉兴创泽投资Private▼ Negative
Capitalrelevance

Jiaxing Chuangze Investment sold shares, cashing out as part of major shareholder sell-off.

新余市银坤企业管理股份有限公司Private▼ Negative
Capitalrelevance

Yinkun Company sold shares, contributing to the 14.2 million shares sold by major shareholders.

龙信建设集团有限公司Private▼ Negative
Capitalrelevance

Longxin Construction reduced holding by 5.07 million shares, cashing out 161 million yuan.