China Shengmu-PF Sees Major Share Deposit and Returns to Profitability

Stock News
Sep 22

Hong Kong Exchanges and Clearing Limited's latest disclosures reveal that on September 21, a significant position change occurred for China Shengmu-PF (01432), with deposited securities reaching a total market value of HK$1.511 billion, representing 52.25% of the company's shares.

The company's shareholders have deposited 4.38 billion shares into China International Capital Corporation (CICC) securities accounts, increasing their shareholding ratio by 52.26%.

China Shengmu-PF (01432) also released its interim results for the six months ended June 30, 2026. The group reported sales revenue of RMB 1.546 billion, up 7.1% year-over-year. Profit attributable to owners of the parent company reached RMB 64.007 million, compared to a loss of RMB 48.322 million in the same period last year. Earnings per share stood at RMB 0.008.

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