Huayi Group: Executive Gu Chunlin Reduced Holdings by 124,200 Shares

Radar Finance | Written by Feng Xiuyu | Edited by Li Yihui

On March 13, Shanghai Huayi Group Co., Ltd. (stock abbreviation: Huayi Group, stock code: 600623) announced the results of some senior management personnel reducing their holdings. Mr. Gu Chunlin, a senior executive of the company, originally held 496,880 shares, accounting for 0.023% of the total share capital. According to the reduction plan disclosed on February 11, 2026, Gu Chunlin intends to reduce no more than 124,200 shares through centralized bidding, representing 0.006% of the company’s total share capital.

The actual reduction period was from March 12, 2026, to March 13, 2026. Gu Chunlin reduced 124,000 shares through centralized bidding transactions, with a price range of 11.50 to 12.00 yuan per share, totaling 1,439,500 yuan.

After the reduction, Gu Chunlin currently holds 372,880 shares, accounting for 0.018% of the company’s total share capital. The reduction plan has been fully implemented and complies with relevant laws, regulations, and the reduction plan requirements.

According to Tianyancha, Huayi Group was established on August 5, 1992, with a registered capital of 21,228.31 million RMB. The legal representative is Gu Lili, and the registered address is No. 809 Changde Road, Jing’an District, Shanghai. Its main businesses include energy chemicals, green tires, advanced materials, fine chemicals, and chemical services.

Currently, the company’s chairman is Gu Lili, the secretary of the board is Xu Liheng, with 10,704 employees. The actual controlling shareholder is the Shanghai State-owned Assets Supervision and Administration Commission.

The company has 109 affiliated companies, including Shuangqian Tire Group Co., Ltd., Shandong Huayi Industrial Gases Co., Ltd., Shanghai Chemical Supply & Marketing Co., Ltd., Shanghai Huayi New Materials Chemical Sales Co., Ltd., and Shanghai Huayi New Energy Chemical Sales Co., Ltd.

In terms of performance, the company’s operating income for 2022, 2023, and 2024 was 38.937 billion yuan, 41.327 billion yuan, and 45.103 billion yuan, respectively, with year-on-year growth of -2.74%, 6.14%, and 9.20%. Net profit attributable to the parent was 1.281 billion yuan, 905 million yuan, and 911 million yuan, with year-on-year changes of -56.83%, -29.34%, and 5.76%. During the same period, the company’s asset-liability ratio was 56.00%, 57.20%, and 56.97%.

Regarding risks, Tianyancha data shows the company has 293 internal Tianyan risks, 241 surrounding risks, 88 historical risks, and 531 warning alert risks.