Baihehua said its shares showed abnormal trading volatility after the cumulative deviation in closing-price gains exceeded 20% over two consecutive trading days on July 6, 2026, and July 7, 2026.
According to Jin10, the company said it verified that its high-performance pigment products are used in the photoresist field for LCD panels, but sales revenue from photoresist pigments accounted for only 0.084% of total revenue in 2025.
The company also said its controlling shareholder, Baihehua Holding, plans to reduce its stake by no more than 1% starting July 10.
Baihehua reported net profit of 42.9385 million yuan in the first quarter of 2026, down 6.23% year on year.
It added that its price-to-earnings ratio and price-to-book ratio were both higher than the industry average, and it urged investors to be mindful of risks.
STOCKS | Baihehua Flags Abnormal Share Trading; Photoresist Pigment Revenue Was 0.084% in 2025
2026-07-07 09:11:49
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