Core Viewpoint - The stock price of Haili Co., Ltd. (600619.SH) experienced a significant surge, reaching a record closing price of 27.58 yuan per share, with a total market capitalization of 29.603 billion yuan, attributed to speculation and subsequent clarifications regarding potential restructuring and shell acquisition rumors [1][2][3] Stock Performance - Haili's stock price increased by 141.72% since July 1, 2025, and by 547.42% from its low of 4.26 yuan per share on February 6, 2024, to its recent high [1][2] - The stock experienced a notable rise, with a peak closing price of 28.5 yuan per share, marking a gain of over 9% in a single trading session [1] Rumors and Clarifications - The company has repeatedly denied rumors regarding shell acquisition and restructuring, particularly in relation to Shanghai Microelectronics Equipment (Group) Co., Ltd., which has been a focal point of speculation since late 2024 [2] - Haili's announcements confirmed that there are no undisclosed significant matters affecting stock trading, and the company has not engaged in any major asset restructuring or injection [2][3] Shareholder Actions - The controlling shareholder, Shanghai Electric Holding Group Co., Ltd., announced a plan to reduce its stake by up to 10.7334 million shares, representing no more than 1% of the total share capital, due to internal business arrangements [3][4] - The controlling shareholder holds 26.41% of Haili's total share capital, with an additional 2.55% held through a subsidiary, totaling 28.96% [4] Financial Performance - For the first half of 2025, Haili reported revenue of 12.426 billion yuan, a year-on-year increase of 13.16%, and a net profit of 33 million yuan, reflecting a substantial increase of 693.76% [4] - Despite revenue growth over the past three years, net profit has remained around 30 million yuan, with previous years showing losses in net profit excluding non-recurring items [4] Company Overview - Haili Co., Ltd. is a manufacturer of core components for white goods and new energy vehicles, with operations in 12 countries and regions, employing 14,000 staff and maintaining over 20 R&D and technical service centers [5]

Core Viewpoint - The company announced that its A-share stock price has deviated by more than 20% over three consecutive trading days, indicating unusual trading volatility [1] Company Operations - The company's production and operations are normal, with no significant adjustments in industry policies [1] - The internal operating order of the company remains stable, and there have been no changes in its main business [1] Disclosure of Information - Both the company and its controlling shareholders do not have any major events that could affect the unusual stock trading volatility [1] - There are no undisclosed significant information that should have been disclosed [1] - Online rumors regarding shell mergers, restructuring, and asset injections are stated to be false [1]

Core Viewpoint - The company, Haili Co., announced that its B-shares experienced a cumulative price increase of over 20% during three consecutive trading days, indicating abnormal stock trading fluctuations [1] Summary by Relevant Sections - **Stock Price Movement** - Haili Co.'s B-shares saw a significant price increase, with a cumulative rise exceeding 20% over three trading days on August 15, 18, and 19, 2025 [1] - **Company's Response** - The company conducted a self-examination and consulted with its controlling shareholder, confirming that there are no major events affecting the abnormal stock trading fluctuations [1] - **Market Speculation** - The company refuted online rumors regarding shell acquisitions, restructuring, and asset injections, labeling them as false information [1] - **Investor Advisory** - Given the recent substantial price increase, there is a potential risk of a decline following the short-term surge, prompting the company to advise investors to make rational decisions and be aware of secondary market trading risks [1]