Huarong Holdings: Revenue of 1.09 billion in the first three quarters, risks associated with equity acquisition and stock price fluctuations.

date
17/11/2025
Huarong Holdings announced that the company's non-GAAP net profit for the 2024 fiscal year was negative and revenue was below 300 million. Starting from April 29, 2025, a delisting risk warning will be implemented. The revenue for the first three quarters of 2025 was 109 million yuan, with a net profit attributable to the parent company of -2.1294 million yuan and a non-GAAP net profit attributable to the parent company of -2.5239 million yuan. Hainan Bocheng Huineng plans to acquire 25.01% of the shares by agreement, with the transfer process underway and the results unknown. The company's stock rose limit up on November 14th and 17th, with large price fluctuations, reminding investors to pay attention to performance and risks in the secondary market trading.