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Guochuang High-tech: Shareholder Huang Yu has completed the reduction, with a total of 1,420,100 shares reduced.
Radar Finance | Written by Yang Yang | Edited by Li Yihui
On March 9th, Hubei Guochuang High-tech Materials Co., Ltd. (Stock abbreviation: Guochuang High-tech) announced that shareholder Huang Yu reduced his holdings by 1.4201 million shares through centralized bidding from December 12, 2025, to February 27, 2026, representing 0.15% of the total share capital, at an average price of 3.26 yuan per share.
After this reduction, Huang Yu’s shareholding ratio decreased from 5.00% to 4.85%. The reduction did not adversely affect the company’s control or operations and was consistent with previously disclosed plans, complying with relevant laws and regulations.
According to Tianyancha, Guochuang High-tech was established on March 25, 2002, with a registered capital of 916.3252 million RMB. The legal representative is Lv Huasheng, and the registered address is No. 8, Wuda Garden Third Road, Wuhan East Lake High-tech Development Zone. Its main business includes sales of heavy traffic road petroleum asphalt, production and processing of modified asphalt, and providing storage services in its own specialized asphalt warehouses.
Currently, the company’s chairman is Huang Zhenhua, the secretary of the board is Yan Xianfa, with 140 employees, and the actual controller is Tao Chunfeng.
The company has stakes in 12 subsidiaries, including Hubei Guochuang Xinglu Trading Co., Ltd., Shenzhen Guochuang Qizhi Technology Co., Ltd., Shenzhen Gongying No. 3 Investment Partnership (Limited Partnership), Guangxi Guochuang Road Materials Co., Ltd., Sichuan Guochuang Xinglu Asphalt Materials Co., Ltd., and others.
In terms of performance, the company’s operating revenue for 2022, 2023, and 2024 was 2.201 billion yuan, 824 million yuan, and 732 million yuan, respectively, with year-over-year changes of -42.05%, -62.54%, and -11.19%. Net profit attributable to the parent was -535 million yuan, -147 million yuan, and -58.53 million yuan, with year-over-year growth rates of 52.00%, 72.76%, and 60.22%. During the same period, the company’s asset-liability ratio was 65.09%, 46.79%, and 57.59%.
Regarding risks, Tianyancha data shows the company has 417 internal Tianyan risks, 123 surrounding risks, 2 historical risks, and 197 early warning risks.