Changes in Hong Kong stocks | Beijing Beichen Industrial Co., Ltd. (00588) fell by more than 3%. The net loss from the mother in the first half of the year is expected to be at least 881 million yuan. The plan to increase holdings has reached the minimum amount limit

The Zhitong Finance App learned that Beijing Beichen Industrial Co., Ltd. (00588) fell by more than 3%. As of press release, it was down 2.86% to HK$0.68, with a turnover of HK$334,600.

According to the news, Beijing Beichen Industrial Co., Ltd. recently released a earnings forecast. It is estimated that the net loss attributable to the owners of the company for the first half of 2026 will be RMB 881 million to RMB 1.08 billion. Compared with the same period last year, it will continue to lose money. The net loss attributable to owners excluding profit and loss from changes in the fair value of investment real estate was RMB 701 million to RMB 860 million. During the reporting period, losses attributable to company owners were significantly reduced compared to the same period last year. Among them, the company's exhibition and supporting facilities service sector remained stable, but the real estate development sector balanced prices and elimination, and the sector continued to lose money, causing the company as a whole to show losses.

On the other side, Beijing Beichen Industrial Co., Ltd. announced that from October 14, 2025 to July 23, 2026, Dongbeichen Group, the holding stock of the company increased its holdings of 263.355 million shares in unlimited circulation through centralized bidding at the Shanghai Stock Exchange, accounting for 0.99% of the company's total A-share shares, accounting for 0.78% of the company's total share capital, and the increase in holdings was approximately RMB 455.38 million (excluding transaction fees). The plan to increase its holdings has reached the minimum amount but has not yet been implemented. Based on confidence and recognition of the value of the company's continued steady development, Beichen Group will continue to increase its holdings of the company's shares during the implementation period of the holdings increase plan.