Hongxing Shares' stock price has fallen more than 20% cumulatively over the past three trading days

2026-03-04 13:58:08

Abstract generation in progress

Raytheon Finance Text | Feng Xiuyu Editor | Li Yihui

On March 4th, Guangdong Hongxing Industrial Co., Ltd. (Stock abbreviation: Hongxing Co., Ltd., Stock code: 001209) announced that the company’s stock price closed with a cumulative deviation of more than 20% over three consecutive trading days from March 2nd to March 4th, 2026, indicating abnormal fluctuations. After verification, the information previously disclosed by the company does not require supplementation or correction; no recent public media reports have revealed any undisclosed significant information that could or has already significantly impacted the company’s stock trading price.

Recently, the company’s operations are normal, and there have been no major changes in the internal or external business environment; the company, controlling shareholders, and actual controllers have no major matters related to the company that need to be disclosed, are undisclosed, or are under planning. Additionally, during this period, the company’s controlling shareholders, actual controllers, and their concerted parties have reduced their holdings in part. The company reminds investors to be cautious of risks and invest rationally.

According to Tianyancha data, Hongxing Co., Ltd. was established on May 20, 2004, with a registered capital of 131.52272 million RMB. The legal representative is Guo Wuwen, and the registered address is Xiasan Yangnei Ju Village Road East, Chaonan District, Shantou City (Hongxing Industrial Zone) (multiple addresses). Its main business involves the research, design, production, and sales of home apparel.

Currently, the company’s chairman is Guo Wuwen, the secretary of the board is Liu Genxiang, with 2,271 employees. The actual controllers are Guo Qiuhong, Zhou Demao, Ke Guomin, Guo Jingxuan, Guo Xuanfeng, Guo Jingjun, Guo Shaojun, and Guo Wuwen.

The company holds stakes in 11 subsidiaries, including Guangdong Feiwuwang Commercial Management Co., Ltd., Hongxing (Ruijin) Industrial Co., Ltd., Shantou Fenteng Apparel Co., Ltd., Guangdong Fenteng E-commerce Co., Ltd., Guangzhou Hongxing Apparel Co., Ltd., and others.

In terms of performance, the company’s operating income for 2022, 2023, and 2024 was 1.328 billion yuan, 1.597 billion yuan, and 1.775 billion yuan, respectively, with year-on-year growth rates of 3.37%, 20.22%, and 11.18%. Net profit attributable to shareholders was -14.9852 million yuan, 87.1443 million yuan, and 80.2743 million yuan, with year-on-year growth rates of -114.69%, 681.54%, and -7.88%. During the same period, the company’s asset-liability ratio was 18.90%, 32.74%, and 35.41%.

Regarding risks, Tianyancha data shows the company has 7 internal Tianyan risks, 163 surrounding risks, 4 historical risks, and 73 warning alert risks.

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