The Zhitong Finance App learned that the latest data from the Hong Kong Stock Exchange shows that on September 18, Baogai New Materials (08090) changed positions. The total market value of the transfer was HK$4.6254 million, accounting for 6.4%. The company's shareholders transferred 926,000 shares to Dongwu Securities International and 926,000 shares from Zhongtai International Securities.

Baogai New Materials (08090) announced its 2026 interim results, achieving operating income of about 39.968 million yuan, a year-on-year decrease of 13.96%; net profit of about 1,744,900 yuan, a year-on-year decrease of 65.97%.

According to the announcement, the main reason for the decrease in net profit was the decline in operating income, the decrease in total gross profit, and the combined effects of multiple factors such as the increase in expenses and related changes in profit and loss during the period.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.