Shanghai Jahwa flash collapse in the afternoon, once closed the limit. News, the company will be disclosed in the evening in 2020 financial results.
On October 26 last year, Shanghai Jahwa disclosed the third quarter report, the first three quarters achieved revenue of 5.362 billion yuan, a year-on-year decrease of 6.51%; Net profit reached 312 million yuan, down 42.25% year on year.
Notably, among the top 10 shareholders disclosed in the third quarter report, Shanghai Gaoyi Asset Management Partnership (limited partnership) — Gaoyi Linshan No.1 Yuanwang Fund increased its holding by 10.8 million shares, increasing its holding from 1.94% to 3.55%. Gao Yi’s managing director is Feng Liu, a star investor. Based on the market cap of Shanghai Jahwa today, Feng currently holds a market value of 873 million yuan.
In addition, Shanghai Chongyang Investment holds 29.57 million shares of the company. It is reported that Shanghai Chongyang Investment raised the card of Shanghai Jahwa at the end of July 2015 and has held it for more than 5 years