Youpon Ceiling (友邦吊顶) Shares Resume Trading After Major Ownership Transfer

  • Date of Resumption: 31 December 2025, 09:30 Shanghai Stock Exchange opening session.
  • Background: The company’s former controlling shareholders, Shen Xiang and Luo Lianqin, agreed to transfer a combined 29.99 % of the issued shares to Shi Qiming and other entities, thereby changing the actual controller.
  • Transfer Details
  • Luo Lianqin sold 30.02 million shares (23.19 % of total equity) to Shenzhen Mingsheng Lianhe Intelligent Technology Co., Ltd. and Shi Qiming at 29.41 CNY per share.
  • Shanghai Changsheng Technology Co., Ltd. sold 8.80 million shares (6.80 % of total equity) to the same receivers at the same price.
  • After the transfer, the receivers collectively hold 29.99 % of the company’s shares and voting rights.
  • In addition, Shenzhen Mingsheng Intelligent Technology has announced a partial offer to acquire 19.43 million shares (15.01 % of total equity) from the remaining shareholders.
  • Regulatory Process
  • The share‑transfer agreement requires approval by the shareholders’ meeting and confirmation from the Shenzhen Stock Exchange and the China Securities Depository and Clearing Corporation.
  • The company’s stock was placed in a temporary suspension on 30 December 2025 and is scheduled to resume trading on the next market day.

Market Context (31 December 2025)

  • During the morning session, the Shanghai and Shenzhen markets recorded 38 limit‑up stocks and 7 limit‑down stocks.
  • Aviation‑related concepts were active, with China Satellite and other aerospace names hitting multiple board‑up limits.
  • Fast‑food and digital‑media concepts also saw notable gains, including blue‑light marketing and “duck‑cake” model references.
  • In the broader market, Youpon Ceiling was among the list of stocks that resumed after a temporary halt, reflecting investor interest in its ownership restructuring.

Company Profile (as of 28 December 2025)

  • Primary Exchange: Shenzhen Stock Exchange
  • Currency: CNY
  • Closing Price (28 Dec 2025): 32.67 CNY
  • 52‑Week Range: 10.58 CNY (low) – 33.52 CNY (high)
  • Market Capitalisation: 4.23 billion CNY
  • P/E Ratio: –62.94 (negative earnings)
  • Business Focus: Design, manufacture and sale of integrated ceilings.

The recent share‑transfer and the subsequent resumption of trading position Youpon Ceiling as a company undergoing significant ownership consolidation, potentially impacting its governance and strategic direction in the integrated ceiling market.