Shanghai Zhangjiang Hi-Tech Park Development Hits Daily Limit Down Following Share Reduction Announcement

Deep News2025-10-09

On October 9th, Shanghai Zhangjiang Hi-Tech Park Development Co.,Ltd. (600895.SH) plummeted to its daily limit down. The company's primary business operations encompass land transfers within designated areas, real estate development and sales, property leasing, data communication services, and venture capital investments.

On the evening of September 30th, the company issued an announcement stating that due to its controlling shareholder Zhangjiang Group's operational and development requirements, Zhangjiang Group intends to reduce its shareholding in the company through centralized bidding transactions. The total number of shares to be reduced will not exceed 1% of the company's total outstanding shares.

Within this year, Shanghai Zhangjiang Hi-Tech Park Development Co.,Ltd. has achieved a maximum gain of 153.35% during its trading range. For the first half of 2025, the company reported operating revenue of 1.704 billion yuan, representing a year-over-year increase of 39.05%. Net profit reached 369 million yuan, marking a 38.64% increase compared to the same period last year.

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