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301235,实控人被立案调查

Core Viewpoint - The company Huakang Clean (301235) is facing a significant event with its chairman being investigated, but the management assures that operations remain stable and the company has shown a turnaround in financial performance this year [1][4]. Financial Performance - In the first half of the year, Huakang Clean achieved a revenue of 835 million yuan, representing a year-on-year increase of 50.73% [4]. - The net profit for the same period was 18.68 million yuan, marking a turnaround from previous losses [4]. - However, the net cash flow from operating activities was -294 million yuan, a decline of 74.03% year-on-year [4]. Business Operations - The company’s main business includes the research, design, implementation, and operation of purification systems, as well as the sale of medical equipment and consumables [4]. - As of June 30, the total order backlog was 3.827 billion yuan, primarily from purification integration projects [4]. Cash Flow Challenges - Huakang Clean faces cash flow pressure due to the capital-intensive nature of its purification system integration business, which requires significant upfront investment [5]. - The company is implementing measures to improve cash flow management, including stricter project initiation standards and monitoring of cash flow forecasts [5]. Market Position - As of August 13, Huakang Clean's stock price was 32.27 yuan per share, with a total market capitalization of 3.48 billion yuan [6].