Yantai Jereh Oilfield Services Group Co Ltd Faces Significant Stock Decline
On June 24, 2025, Yantai Jereh Oilfield Services Group Co Ltd, a prominent player in the energy equipment and services sector, experienced a notable 3.03% drop in its stock price, closing at 34.28 CNY per share. This decline marks the third consecutive day of losses for the company, with a cumulative drop of 2.38% over this period. The company’s total market capitalization stands at approximately 350.98 billion CNY, with a trading volume of 2.75 billion CNY and a relatively low turnover rate of 1.15%.
The downturn in Yantai Jereh’s stock has had a significant impact on various investment funds holding substantial positions in the company. Notably, the following funds have reported considerable paper losses due to the decline:
- Nine Tai Fund: Holding 240,500 shares, this fund reported a paper loss of 257,300 CNY.
- Jing Shun Changcheng Fund: With 80,700 shares, the fund faced a paper loss of 86,300 CNY.
- Tian Hong Fund: Holding 25,000 shares, this fund incurred a paper loss of 2,680 CNY.
- Jiaoyin Shiluo Fund: With 100 shares, the fund reported a paper loss of 1,070 CNY.
- Hua Tai Ba Rui Fund: Holding 833,200 shares across five funds, the total paper loss amounted to 891,500 CNY.
- Fuguo Fund: As one of the top ten circulating shareholders, this fund holds 1.5 million shares, resulting in a paper loss of 1,605,000 CNY.
- Nanfang Fund: Another top ten circulating shareholder, holding 789,260 shares, faced a paper loss of 844,510 CNY.
- Huitianfu Fund: With 358,600 shares across two funds, the paper loss was 383,700 CNY.
- Guoshou Anbao Fund: Holding 120,000 shares, this fund reported a paper loss of 128,400 CNY.
- Tai Xin Fund: With 103,000 shares across two funds, the paper loss was 110,200 CNY.
- Peng Hua Fund: Holding 378,000 shares across four funds, the paper loss amounted to 404,500 CNY.
Yantai Jereh Oilfield Services Group Co Ltd, listed on the Shenzhen Stock Exchange, specializes in manufacturing well cementing equipment, well fracturing equipment, and natural gas compression and transportation equipment. The company also provides oilfield equipment maintenance and parts sales services. Despite the recent stock performance, the company’s long-term prospects remain tied to its ability to innovate and adapt within the energy sector.
As the market reacts to these developments, investors and stakeholders will be closely monitoring Yantai Jereh’s strategic responses to stabilize its stock performance and capitalize on future opportunities in the energy equipment and services industry.