Star Hui Environmental Materials with three consecutive limit-ups: Jiushi Intelligent commits that within 36 months after the completion of the equity transfer, it will not seek control or actual control rights in any way

Log in to Sina Finance APP and search for [Information Disclosure] to see more evaluation levels

（Source: Caowen）

          The company's price-to-earnings ratio differs significantly from that of its industry peers.            

On April 2nd, Xinghui Environmental Materials (300834.SZ) issued an announcement on abnormal stock trading fluctuations. The company’s stock closing prices have deviated by more than 30% cumulatively over two consecutive trading days. According to the relevant regulations of the Shenzhen Stock Exchange, the company’s stock trading is considered abnormal. At the same time, the company’s stock has hit the daily limit for three consecutive trading days since March 31, 2026, with a cumulative deviation of 75.06%, significantly diverging from the market index and industry index, with large short-term fluctuations, and has clearly deviated from market trends.

The company’s actual controllers Chen Yansheng, Chen Dongqiong, Chen Chuanghuang, and their concerted actors Chen Yueping have respectively signed share transfer agreements with Zelos HK and Jiangsu Jiushi, agreeing that Chen Dongqiong will transfer her 51% equity stake in Xinghui Hong Kong to Zelos HK; Chen Yansheng, Chen Chuanghuang, and Chen Yueping will transfer their combined 45% stake in Xinghui Holdings, the company’s controlling shareholder, to Jiangsu Jiushi. This equity change will not lead to a change in the company’s controlling shareholder or actual controller. Jiushi Intelligent promises that, within 36 months after the completion of this equity transfer, it will not seek to acquire control or actual control of the listed company by any means, nor does it plan to inject assets into the listed company. This equity change still requires approval from Jiushi Intelligent’s decision-making body and registration with the industrial and commercial authorities, and whether it can be ultimately completed remains uncertain. The company will fulfill relevant information disclosure obligations promptly based on subsequent developments. Investors are advised to pay attention to investment risks and exercise caution.

The information previously disclosed by the company does not require correction or supplementation. No recent public media reports have revealed any undisclosed significant information that could or has already significantly affected the company’s stock trading price. Recently, the company’s operating conditions and internal and external business environments have not experienced or are not expected to experience significant changes. After inquiry, the company, its controlling shareholder, and its actual controller have no major undisclosed matters or other significant matters under planning related to the company. Apart from the above equity changes, during the abnormal stock movements, no actions involving the company’s controlling shareholder or actual controller buying or selling the company’s stock occurred.

As of April 2, 2026, the company’s closing price was 43.49 yuan per share, with a static price-to-earnings ratio of 86.66 times. Currently, the industry average static P/E ratio for the company’s sector, “C26 Chemical Raw Materials and Chemical Products Manufacturing,” is 32.88 times. The company’s P/E ratio differs greatly from that of its industry peers. Meanwhile, the company’s main business is the research, production, and sales of high-polymer synthetic materials, polystyrene (PS). The company disclosed its “2025 Q3 Report” on October 30, 2025, showing a net profit attributable to shareholders of listed companies of 39.5681 million yuan in the first three quarters of 2025, a decrease of 44.29% year-on-year, unreviewed. Currently, the company’s stock price differs significantly from its fundamentals. The company hereby reminds investors to make rational decisions and invest cautiously.

Massive information, precise interpretation, all on Sina Finance APP