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Inner Mongolia Xinhua Issues Volatility Notice After 5 Consecutive Daily Limit-Ups; H1 Net Profit Plunges Over 80%
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Inner Mongolia Xinhua Distribution Group Co., Ltd. (Inner Mongolia Xinhua) announced that its stock price experienced abnormal trading fluctuations, with the cumulative closing price increase exceeding 20% over three consecutive trading days. From September 16 to September 22, 2026, the stock hit the daily limit up for five consecutive sessions, accumulating a 61.01% gain. The company warned that its rolling price-to-earnings ratio is significantly higher than the industry average for news and publishing, and the turnover rate is high, indicating a risk of non-risky speculation. Following an internal investigation and inquiries to its controlling shareholder and actual controller, the company stated that its daily operations have not undergone major changes, and there are no undisclosed material matters. Directors, supervisors, senior management, the controlling shareholder, and the actual controller did not trade the company's shares during the abnormal fluctuation period. For the first half of 2026, the company reported revenue of 599 million yuan, down 24.18% year-on-year; net profit attributable to shareholders was 22.9108 million yuan, down 81.75%; and net profit excluding non-recurring gains and losses was 9.0645 million yuan, down 91.20%.
Source report
Inner Mongolia Xinhua Publishing Group Co., Ltd. (hereinafter referred to as "the Company") has issued an announcement stating that the cumulative deviation of the closing price increase of its stock over three consecutive trading days exceeded 20%, constituting a case of abnormal stock trading fluctuations.
From September 16 to September 22, 2026, the Company's stock hit the daily price limit for five consecutive trading days, with a cumulative increase of 61.01%. The Company's trailing price-to-earnings (P/E) ratio is significantly higher than the industry benchmark for the news and publishing sector, and the stock has experienced a relatively high turnover rate, indicating a risk of irrational speculation.
Following an internal review and written inquiries to the controlling shareholder and the actual controller, the Company confirmed that there have been no significant changes in its daily operations, and no material matters have occurred that require disclosure but have not yet been disclosed. During the period of abnormal fluctuations, none of the Company's directors, supervisors, senior management, controlling shareholder, or actual controller bought or sold the Company's shares.
For the first half of 2026, the Company reported operating revenue of RMB 599 million, a year-on-year decrease of 24.18%; net profit attributable to shareholders of the parent company of RMB 22.9108 million, down 81.75% year-on-year; and net profit attributable to shareholders of the parent company excluding non-recurring gains and losses of RMB 9.0645 million, a decline of 91.20% year-on-year.
Source
金融界Neutral / independent
Part of this Story
Inner Mongolia Xinhua surges 61% in five days, gets Shanghai Stock Exchange inquiry, warns of speculation