广和通上市次日再跌超8% 较招股价已跌近20%

Core Viewpoint - Guanghetong (300638) experienced a significant decline in its stock price, becoming the first new stock to break below its issue price since the new regulations were implemented, indicating potential investor concerns about its financial performance and market position [1] Company Performance - Guanghetong's stock fell by 11.72% on its second day of trading, with a further drop of over 8% in the morning, reaching a low of 17.26 HKD, which is nearly 20% below its IPO price of 21.5 HKD [1] - The company reported a revenue of 3.707 billion CNY for the first half of the year, representing a year-on-year decrease of 9.02% [1] - The net profit attributable to the parent company was 218 million CNY, down 34.66% year-on-year, while the net profit excluding non-recurring items was 202 million CNY, a decline of 36.06% [1] - Excluding the impact of Ruilin Wireless's vehicle-mounted pre-installation business, the company's revenue showed a year-on-year growth of 23.49%, and the net profit attributable to the parent company increased by 6.54% [1]