Hengtong(SH:600226) Zheng Quan Zhi Xing·2025-08-13 17:30Group 1 - The core point of the news is that Hengtong Co., Ltd. has seen significant share pledges from its major shareholders, indicating potential liquidity concerns or strategic financing needs [1] - Shareholder Suzhou Hengtong Yongxu Venture Capital has pledged 19.33 million shares, accounting for 6.5% of the total share capital [1] - Hengtong Group has cumulatively pledged 27 million shares, representing 53.61% of its total holdings, while Suzhou Hengtong Yongxu has pledged 19.3 million shares, which is 60% of its total holdings [1] Group 2 - Hengtong Co., Ltd. reported a revenue of 382 million yuan for Q1 2025, reflecting an increase of 86.36% year-on-year [3] - The net profit attributable to shareholders reached 70.1 million yuan, up by 10.96% year-on-year, while the non-recurring net profit decreased by 11.6% to 50.4 million yuan [3] - The company has a debt ratio of 25.11%, with investment income of 62.2 million yuan and financial expenses of 3.79 million yuan, alongside a gross profit margin of 6.93% [3]