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Hunan Jingfeng Pharmaceutical

CSPC Hunan Jingfeng Pharmaceutical Co., Ltd. manufactures and sells chemical drugs and biological agents in China. Its offerings include sodium hyaluronate injection for orthopedics and surgery, ophthalmic devices, and API products. The company also conducts research and development of antitumor, cancer, and cardiovascular drugs, with distribution in cardiovascular disease, orthopedic pain, tumor disease, and women's and children's health. Formerly Hunan Jingfeng Pharmaceutical Co., Ltd., it changed its name to CSPC Hunan Jingfeng Pharmaceutical Co., Ltd. in April 2026; it was founded in 1998 and is headquartered in Changde, China.

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Shiyao Jingfeng Appoints Tang Yan as Board Secretary

Shiyao Jingfeng announced that its board of directors recently received a written resignation report from Guo Ce, who applied to resign from the position of board secretary for personal reasons and will continue to serve as a director of the company after resigning. Upon nomination by the chairman and review by the board's nomination committee, the board agreed to appoint Tang Yan as the company's board secretary, with a term starting from the date of approval by the board until the election of the ninth board of directors.
000908.CS · · Neutral Board secretary resignation and appointment of Tang Yan; routine governance change with no clear financial or operational impact.
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China
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Shiyao Jingfeng turns profitable in 2026 interim report with net profit of 5.87 million yuan

Shiyao Jingfeng released its 2026 interim report, with net profit attributable to the parent company of 5.87 million yuan, an increase of 38.44 million yuan compared with the same period last year, turning losses into profits. The company's total operating revenue was 202 million yuan, up 10.36 percent year on year. Net cash outflow from operating activities was 125 million yuan, an increase of 123 million yuan compared with the same period last year. The company's latest asset-liability ratio was 16.58 percent, down 88.65 percentage points from the same period last year.
000908.CS · Capital · Positive Company turned profitable with net profit of 5.87 million yuan, up 38.44 million year-on-year.
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China
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Ye Xianglun ordered to buy back 250,000 shares of CSPC Jingfeng sold in violation and surrender the price difference

The Hunan Securities Regulatory Bureau announced on August 18 that Ye Xianglun, a concert party of Ye Xiangwu, a shareholder holding more than 5% of CSPC Jingfeng, was ordered to buy back the shares sold in violation and surrender the price difference to the listed company, because he sold 250,000 shares of CSPC Jingfeng through centralized bidding on July 3, 2026, without reporting and disclosing the reduction plan as required beforehand.
000908.CS · Regulation · Negative Regulator orders concert party to buy back shares sold in violation and surrender price difference.
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Shiyao Jingfeng shareholder Ye Xiangwu's 2.5 million shares to face second judicial auction

Shiyao Jingfeng announced that 2.5 million shares held by Ye Xiangwu, a shareholder with more than 5 percent stake, will undergo a second judicial auction from September 3 to September 6, 2026. These shares account for 2.88 percent of Ye Xiangwu's holdings and 0.14 percent of the company's total share capital. As of the announcement date, the cumulative number of Ye Xiangwu's shares subject to auction is 2.5 million, representing 2.88 percent of his holdings and 0.14 percent of the company's total share capital. In the first quarter of 2026, Shiyao Jingfeng recorded revenue of 108 million yuan and net profit attributable to the parent company of 3.67 million yuan.
000908.CS · Capital · Negative Shareholder's shares face second judicial auction, indicating financial distress and potential overhang.
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Shiyao Jingfeng shareholder Ye Xiangwu pledges 32.17 million shares, cumulative pledge reaches 38.06% of holdings

Ye Xiangwu, a shareholder holding more than 5% of Shiyao Jingfeng, has pledged 32.17 million shares, representing 29.45% of his holdings and 1.83% of the company's total share capital. As of the announcement date, Ye Xiangwu has cumulatively pledged 41.58 million shares, accounting for 38.06% of his holdings and 2.36% of the company's total share capital. In the first quarter of 2026, the company achieved revenue of 108 million yuan and a net profit attributable to the parent company of 3.67 million yuan.
000908.CS · Capital · Negative Major shareholder pledges a large portion of shares, signaling potential financial strain or risk of forced selling.
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