BLEST(SH:603959) Shang Hai Zheng Quan Bao·2025-09-16 19:36Core Viewpoint - The company, Hunan Baili Engineering Technology Co., Ltd., has issued a risk warning regarding its stock performance and financial situation, highlighting significant stock price fluctuations and ongoing financial losses [2][3][4][5]. Group 1: Stock Performance and Market Conditions - From September 8 to September 16, 2025, the company's stock price increased by over 30%, significantly deviating from both industry peers and the Shanghai Composite Index, despite no major changes in its main business or operating environment [2][8]. - The company confirmed that there are no undisclosed significant matters affecting stock price fluctuations, including major asset restructuring or debt restructuring [7][11]. Group 2: Financial Performance - For the fiscal year 2024, the company reported a net loss attributable to shareholders of approximately -401.45 million yuan, with a similar loss of -52.10 million yuan for the first half of 2025 [3][8]. - The net profit excluding non-recurring items for 2024 was -399.31 million yuan, and for the first half of 2025, it was -52.19 million yuan [3][8]. Group 3: Shareholder Risks - The controlling shareholder, Xizang Xinhai New Venture Capital Co., Ltd., holds 106,105,150 shares, representing 21.64% of the total share capital, with 76,636,000 shares (72.23% of their holdings) pledged [4][9]. - All shares held by the controlling shareholder are subject to judicial marking and freezing, with a total of 106,105,150 shares frozen [4][9]. - A portion of the controlling shareholder's shares, specifically 48,078,800 shares (approximately 9.81% of total shares), is set to be auctioned by the Beijing Financial Court, introducing uncertainty regarding the auction outcome [5][10].