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Shanghai Hugong (603131.SH): Mingxin Guangchu has cumulatively reduced its stake in the company by 3%.
Gelonghui, May 8th: Shanghai Hu Gong (603131.SH) announced that the company received a notification letter from Mingxin Guangchu on May 8, 2026, stating that the shareholder’s plan to reduce holdings had been completed. As of May 8, 2026, Mingxin Guangchu has fully executed this reduction plan. Mingxin Guangchu cumulatively reduced its shares in the company by 3.3685 million shares, accounting for 1% of the company's total share capital, through centralized bidding. Additionally, it reduced its holdings by 6.7381 million shares, representing 2% of the company's total share capital, via block trading.
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Shanghai Hugong: First Quarter Report for 2026
First Quarter Report for 2026
Shanghai Hugong (603131.SH) reported a net profit of 11.7689 million yuan in the first quarter, representing a year-on-year increase of 39.52%.
Shanghai Hu Gong (603131.SH) released its Q1 2026 financial report, showing operating revenue of 199 million yuan for the quarter, a year-on-year decline of 4.23%; net profit attributable to shareholders of 11.7689 million yuan, representing a year-on-year increase of 39.52%; and non-recurring net profit attributable to shareholders of -783,800 yuan. Basic earnings per share were 0.04 yuan.