SCG(SH:600170) Mei Ri Jing Ji Xin Wen·2025-09-12 14:24Group 1 - Shanghai Construction (SH600170) experienced a significant stock price increase, reaching a new closing high for the year, driven by a substantial increase in gold reserves at its subsidiary Koka [1] - The company's market capitalization is reported at 23.548 billion yuan, with the stock price at 2.65 yuan [1] - Long-term shareholders, referred to as "Shanghai uncles," are experiencing a moment of satisfaction due to the stock performance [1] Group 2 - On the same day, the company announced the resignation of its chairman, Hang Yingwei, due to a job transfer, effective immediately upon delivery of the resignation letter [3] - Hang Yingwei's resignation will not reduce the board's membership below the legal minimum and will not affect its normal operations [4] - His term was originally set to end in May 2027, indicating an early resignation by 20 months [4] Group 3 - Hang Yingwei's tenure as chairman lasted less than two years, having previously held multiple significant positions within the company and government [5] - In 2024, the company reported a revenue of 300.217 billion yuan, a year-on-year decline of 1.45%, marking the first annual revenue drop since 1999 [5] - However, the net profit attributable to shareholders increased by 39.15% to 2.168 billion yuan, the largest annual growth since 2019 [5] Group 4 - The company's 2025 half-year report indicated a revenue of 105.042 billion yuan, a year-on-year decline of 28.04%, with a net profit of 710 million yuan, down 14.07% [7]