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Huitong Holding (603409.SH): Its subsidiary acquired the state-owned construction land use right for a parcel of land for RMB 35.278 million.
Gelonghui, June 1 — Huition Holding Co., Ltd. (SHA: 603409) announced that recently, its wholly owned subsidiary, Wuhu Jinmei Automotive Components Co., Ltd., acquired the state-owned construction land use rights for a parcel of land in Yingjiang Village, Shengang Town, Jiujiang District, Wuhu City, for RMB 35.278 million. The company has now signed the State-Owned Construction Land Use Rights Grant Contract with the Wuhu Municipal Bureau of Natural Resources and Planning. The execution of this contract constitutes a critical foundation for advancing the '900,000-unit high-end new energy vehicle styling components and acoustic products project' and will ensure the smooth implementation of the project. It will also help optimize the company’s industrial
Huitong Holdings (603409.SH): Certain Raised-Fund Investment Projects Completed, with Surplus Proceeds Permanently Allocated to Supplement Working Capital
Gelonghui, May 22 — Huitong Holdings (SHA: 603409) announced that on May 22, 2026, the company held its second meeting of the fifth session of the Board of Directors, at which it reviewed and approved the 'Proposal on Closing Certain Fundraising Investment Projects and Permanently Using Remaining Raised Funds to Supplement Working Capital.' The board agreed to close the following fundraising investment projects (hereinafter referred to as 'fundraising projects'): 'Automotive Wheel Assembly and Subassembly Project (Hefei Xinqiao Project),' 'Automotive Wheel Assembly and Subassembly Project (Anqing Project),' and 'Project for Annual Production of 700,000 Sets of Automotive Styling Components, NVH Acoustic Products, and 3.5 Million Wheel Subassemblies,' and to allocate the remaining funds from these three fundraising
Huitong Holdings (603409.SH): Plans to manage cash using 150 million yuan of temporarily idle raised funds.
Gelonghui reported on May 7 that Huitong Holdings (603409.SH) announced its intention to improve the efficiency of using raised funds by reasonably utilizing temporarily idle funds. Under the premise of ensuring no impact on normal operations, ongoing fundraising investment projects, and fundraising usage plans, the company aims to increase returns for shareholders and the company itself. The total investment amount for this cash management initiative is RMB 150 million.
Huitong Holdings: First Quarter Report for 2026
First Quarter Report for 2026
Huitong Holdings (603409.SH) reported a net profit of 41.5983 million yuan in the first quarter, representing a year-on-year increase of 43.14%.
Gelonghui, April 29th ─ Huitong Holdings (603409.SH) released its Q1 2026 financial report, showing that the company achieved operating revenue of 318 million yuan in the first quarter, representing a year-on-year increase of 22.56%; net profit attributable to shareholders amounted to 41.5983 million yuan, reflecting a year-on-year growth of 43.14%; non-recurring net profit attributable to shareholders reached 40.2237 million yuan, increasing by 40.59% year-on-year. The basic earnings per share stood at 0.33 yuan.