Corporate News – Guangdong Kinlong Hardware
Market Performance
- Trading day: Wednesday, 21 October 2026 (24‑hour period ending 03:41 PM Central Europe).
- Price movement: Flat, 0 % change.
- Current price: CNY 16.05 on popular exchanges.
- Volume: Approximately CNY 96.6 million traded in the last 24 hours.
- Market capitalisation: CNY 5.5 billion.
- Outstanding shares: 360.9 million.
- 52‑week high: CNY 26.84 on 02 May 2026.
- 52‑week low: CNY 12.75 on 29 June 2026.
- 200‑day simple moving average: CNY 14.82.
- Month‑end change: -0.26 % since the previous month end.
Recent Governance Changes
On 20 October, the company announced a leadership transition:
- Resignation: Founder and controlling shareholder Baobao Kun resigned from the board, the chief executive role, and the strategic committee due to health reasons.
- Retained position: Baobao Kun will remain as honorary chairman.
- New appointments:
- Baobao Ping elected as chairman and chief executive.
- Baoxiao, the founder’s son, nominated as a non‑independent director candidate.
- Board composition: The transition maintained the statutory minimum number of directors.
- Operational impact: No interruption to normal operations was anticipated.
Business Context
- The company has experienced rapid growth driven by the property market.
- Over the past two years, revenue has declined and losses have increased.
- The stock’s previous high‑growth status has deteriorated, reflecting broader challenges in restoring profitability and identifying new growth drivers.
Comparative Performance of Related Stocks (Last 24 Hours)
| Symbol | Current Price (CNY) | Market Capitalisation (CNY) | Notes |
|---|---|---|---|
| 601015.SS – Shaanxi Heimao Coking | 3.20 | 6.6 billion | Flat 0 % |
| 600846.SS – Shanghai Tongji Science | 10.56 | 6.6 billion | Flat 0 % |
| 000561.SZ – Shaanxi Fenghuo Electronic | 7.49 | 6.6 billion | Flat 0 % |
| 600810.SS – Shenma Industry | 6.01 | 6.6 billion | Flat 0 % |
| 000813.SZ – Dezhan Health Care | 3.11 | 6.6 billion | Flat 0 % |
Company Overview
- Name: Guangdong KinLong Hardware Products Co Ltd
- Location: Dongguan, China
- Listing: Shenzhen Stock Exchange
- Business: Development, manufacturing, and sales of hardware systems and metal components for mid‑ and high‑end curtain walls, including door and window hardware, wall fittings, and grooves.
- Website: www.kinlong.com
