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Zhejiang Huilong New Materials Co.Ltd.

Zhejiang Huilong New Materials Co., Ltd. researches, develops, produces, and sells solution-dyed fibers in China and internationally, together with its subsidiaries. Its offerings include differentiated colored polyester filament yarns such as draw-textured yarns, fully drawn yarns, and partially oriented yarns. The company also provides solutions for outdoor camping, traffic interiors, sports clothing, and home spinning, and engages in wholesale and retail trade and investing activities. Founded in 2004, it is headquartered in Huzhou, China, and exports its products.

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301057.CS

Huilong New Materials' controlling shareholder terminates transfer of 6% company stake to Hangzhou Xingzhen

Huilong New Materials announced on September 30 that Shen Shunhua, the company's controlling shareholder and actual controller, had originally planned to transfer 6% of his company shares to Hangzhou Xingzhen Enterprise Management Partnership, a limited partnership. The two parties signed a Share Transfer Termination Agreement on September 30, agreeing to rescind the Share Transfer Agreement signed on March 4. The announcement stated that the termination of this share transfer was a genuine expression of intent reached through mutual agreement, and will not adversely affect the listed company's normal production and operations or the stability of its equity structure.
301057.CS · Capital · Neutral Controlling shareholder terminated a previously agreed 6% stake transfer to Hangzhou Xingzhen, a capital/ownership event with no stated operational impact.
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Huilong New Materials reports first-half 2026 net profit of 31.6633 million yuan

Huilong New Materials released its 2026 interim report. Total operating revenue was 597 million yuan, and net profit attributable to the parent company was 31.6633 million yuan. Net cash flow from operating activities was negative 13.2677 million yuan, a decrease of 26.9344 million yuan compared with the same period last year, down 197.08 percent year on year. The company's asset-liability ratio was 59.31 percent, up 3.42 percentage points from the previous quarter and up 7.61 percentage points from the same period last year. Gross margin was 16.07 percent, return on equity was 4.06 percent, and diluted earnings per share were 0.27 yuan. The number of shareholders was 6,584, and the top ten shareholders held 61.62 percent of the total share capital.
301057.CS · Capital · Negative Net profit and cash flow declined significantly, with operating cash flow turning negative.
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