Summary · why it matters
Huamei Holdings disclosed an announcement on abnormal stock trading fluctuations after market close on September 22. The company's closing price deviation over three consecutive trading days from September 18 to September 22, 2026, cumulatively reached 20%, with limit-up moves on September 21 and September 22, and the share price has risen 20% cumulatively this year. The controlling shareholder, Hangzhou Daily Press Group Co., Ltd., increased its holdings in Huamei Holdings by a total of 15.2349 million shares through centralized competitive bidding between February 23, 2024, and May 24, 2024, and sold 5.3054 million shares through centralized competitive bidding on September 22, 2026, with plans to sell a total amount in the near term not exceeding the number of shares previously increased. The company also cautioned that it intends to publicly list for transfer the equity corresponding to 862,000 yuan of registered capital in Zhongjiao Weilai, representing 8.62% of registered capital, and to publicly list to introduce external shareholders for a capital increase and share expansion in Zhongjiao Weilai, with the company waiving its preemptive subscription rights. If successfully implemented, the company will no longer control Zhongjiao Weilai, but whether a deal can be completed, the counterparty, transaction price, and capital increase assets all remain uncertain. In terms of performance, the company achieved operating revenue of 504 million yuan in the first half of 2026, a slight year-on-year decline of 0.54%, and net profit attributable to shareholders of the listed company was negative 16.0334 million yuan, narrowing the loss by 69.86% from negative 53.2011 million yuan in the same period last year. Among this, the education business achieved revenue of 78.8519 million yuan, accounting for 15.65%, up 7.80% year-on-year, making it the fastest-growing segment among major businesses. The company also cautioned that its static price-to-earnings ratio is negative, its rolling price-to-earnings ratio is negative, and its price-to-book ratio is 3.85 times, higher than the industry average.
Huamei Holding