Zhejiang Orient Financial Holdings Group Co Ltd Reports Strong H1 Profit Growth

Zhejiang Orient Financial Holdings Group Co Ltd, a financial and distribution company operating in the textile industry, has announced a significant increase in its net profit for the first half of 2025. The company reported a net profit of 4.03 billion yuan, marking a year-over-year increase of 172.83%. This announcement was made on July 11, 2025, as part of a pre-announcement of increased earnings.

The company, listed on the Shanghai Stock Exchange, saw its stock price close at 6.47 yuan on the day of the announcement, experiencing a decline of 0.46%. The trading volume for the day was 17.43 billion yuan, with a 5-day trading increase of 10.41%. According to data from Securities Times, companies that announced a more than 50% increase in H1 earnings saw their stock prices rise by 78.30% on the announcement day, with 16 companies hitting the daily price limit.

From a funding perspective, the company experienced a net outflow of 8.434 million yuan from main funds on the announcement day, although there was a net inflow of 11.2 million yuan over the past five days. As of July 10, 2025, the company’s financing balance stood at 8.27 billion yuan, with a financing balance of 8.22 billion yuan, down 1.82% from the previous trading day. Over the past five days, the financing balance increased by 3.28%.

Recent Financing and Leadership Changes

On July 8, 2025, Zhejiang Orient received financing purchases amounting to 6.484 million yuan, accounting for 18.83% of the day’s incoming funds, as reported by the same data center. The current financing balance was 7.91 billion yuan, representing 3.83% of the company’s circulating market value, exceeding the historical 50% quantile level.

In leadership news, the company announced the election of Wang Zhengjia as the new Chairman of the Board on July 8, 2025. Wang Zhengjia, who previously served at the Zhejiang Securities Regulatory Commission, will succeed Jin Chaoping, who has stepped down from her roles as Chairman, Director, and other positions.

The company’s Board of Directors held its thirteenth meeting of the tenth term on July 8, 2025, via telecommunication. The meeting reviewed and approved the proposal to elect the new Chairman of the Board, among other agenda items.

Company Overview

Zhejiang Orient Financial Holdings Group Co Ltd is engaged in the import and export of various textile products, including cotton, wool knitwear, household textile products, and textile accessories. The company also offers financial leasing, real estate sales, and other services. More information about their offerings can be found on their website, www.zjorient.com . The company was initially listed on the Shanghai Stock Exchange on November 12, 1997.

Disclaimer

This article is a news report and does not constitute investment advice. Investing in the stock market involves risks, and investors should proceed with caution. (Source: Securities Times)