The stock price continues to decline, and Taikaiying management disclosed the company's current market value management plan.

Transcribed from: Beike Finance

New Beijing News Beike Finance reported (Reporter Huang Xinyu) Wind shows that since March 19, the stock price of Qingdao Taikai Ying Special Tires Co., Ltd. (i.e., “Taikai Ying”, 920020.BJ), listed on the Beijing Stock Exchange, has cumulatively fallen by 11% over three consecutive trading days. On March 23, Taikai Ying disclosed its current market value management plan in the latest investor relations activity record.

Wind and the official website both indicate that Taikai Ying was established in 2007 and is a provincial-level specialized and innovative small and medium-sized enterprise focusing on the global mining and construction tire market.

On February 26, Taikai Ying released its annual performance forecast for 2025. The data shows that during the reporting period, Taikai Ying expects its operating revenue to be approximately 2.581 billion yuan, a year-on-year increase of 12.44%; the net profit attributable to shareholders is expected to be 174 million yuan, a year-on-year increase of 10.90%.

Although Taikai Ying expects the net profit attributable to shareholders to maintain double-digit growth in 2025, compared to the year-on-year growth rates of 22.84% and 13.58% for 2023 and 2024 respectively, the company’s profit level shows a declining trend. Since the release of the performance forecast, Wind shows that Taikai Ying’s stock price has cumulatively fallen by more than 11%; as of the close on March 23, Taikai Ying’s stock price closed at 15.13 yuan/share, down 4.72%, while the intra-day low of 15.08 yuan/share has set a new low for the company’s stock price this year.

In the latest broker strategy meeting, Taikai Ying’s management responded to concerns about the company’s current market value management plan.

Taikai Ying stated that it will promote relevant work from six aspects to maintain market value stability and long-term value. Among them, “focusing on main business operations” and “improving the quality of revenue and profit growth” are prioritized.

At the same time, Taikai Ying emphasized that the company will strictly fulfill its commitments to stabilize stock prices after listing, and when the conditions for price stabilization are triggered, it will promptly take corresponding measures according to the established plan to actively maintain the reasonable stability of the company’s stock price, fully safeguarding the legitimate rights and interests of all shareholders, especially small and medium-sized investors.

Editor: Yue Caizhou

Proofreader: Jia Ning

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