Beijing Capital Development shares surge; company confirms normal operations

Beijing Capital Development Co., Ltd. (Shoukai) announced that its shares saw a cumulative deviation from price increase of 20% over two consecutive trading days on September 3 and 4, 2025. This activity met the criteria for abnormal fluctuations as per Shanghai Stock Exchange trading rules. The company has conducted an internal review and consulted with its controlling shareholder, confirming no undisclosed major events or significant information.

In its half-year report for 2025, released on August 26, Shoukai reported a significant increase in operating revenue, reaching 18.04 bn yuan, up 105.19% compared to the same period last year. Despite the revenue growth, the company’s net profit attributable to shareholders was a loss of 1.84 bn yuan, an improvement from a loss of 1.95 bn yuan in the prior year. The company emphasizes that its production and operations remain normal, with no material changes in market environment or industry policies.

The board of directors confirmed there are no unannounced matters or plans that would significantly impact the company's stock trading prices. Investors are advised to exercise caution and make rational decisions, noting the inherent risks of secondary market trading.