Zhejiang Century Huatong Group Co Ltd Financial Update
Zhejiang Century Huatong Group Co Ltd, a company specializing in the development, manufacturing, and selling of automotive plastic parts and molds, is listed on the Shenzhen Stock Exchange. As of July 23, 2025, the company’s close price was 12.87 CNH, with a 52-week high of 13.73 CNH on July 9, 2025, and a low of 3 CNH on August 22, 2024. The market capitalization stands at 87,720,000,000 CNH, and the price-to-earnings ratio is 45.98.
Investor Relations and Dividend Policy
On July 23, 2025, Zhejiang Century Huatong Group Co Ltd addressed investor inquiries on an investor interaction platform. The company stated that it currently does not meet the conditions for profit distribution and emphasized its commitment to improving operational management and profitability to better serve investors’ interests.
Ownership and Shareholder Information
Investors inquired about the controlling shareholder of Shanghai Lornui Information Technology Co Ltd, to which the company confirmed that Prolos is the controlling entity. Additionally, regarding the shareholding changes of Shenzhen Huoqiao Capital Investment Management Co Ltd, the company clarified that as a shareholder with less than 5% of the company’s shares, it is not required to synchronize its shareholding changes with the company.
Stock Trading and Administrative Actions
The company issued a notice regarding abnormal stock trading fluctuations. Furthermore, it confirmed that Linzhi Tencent Technology Co Ltd remains its second-largest shareholder. In response to inquiries about dividend plans, the company reiterated that it does not currently meet the conditions for profit distribution.
Accounting Corrections and Regulatory Compliance
Zhejiang Century Huatong Group Co Ltd has completed prior accounting error corrections and retrospective adjustments. The company plans to submit a request to delist the “other risk warning” after a 12-month period from receiving the administrative penalty decision, subject to regulatory approval. The company highlighted the uncertainty regarding the final decision on delisting the risk warning.
Performance Compensation and Risk Management
The company is actively coordinating the implementation of performance compensation matters. It reassured investors that it would comply with legal requirements for information disclosure and manage any risks associated with the performance compensation obligations.
Market Performance
On July 22, 2025, 209 A-shares, including Zhejiang Century Huatong Group Co Ltd, surpassed their five-day moving averages, indicating a stabilization in short-term trading. The company’s stock performance is part of a broader market trend where many stocks have shown resilience and growth.
This summary provides an overview of the recent financial and operational updates for Zhejiang Century Huatong Group Co Ltd, reflecting its current market position and strategic focus.