Shenzhen Best of Best Holdings Co., Ltd. distributes electronic components in the People's Republic of China. Its products are used in consumer electronics, the Internet of Things, lighting, industrial control, automotive electronics, and new energy applications. The company also provides electronic components, case handling, and technical support to electronics manufacturers in industries such as industrial energy, automotive electronics, robotics, communications, and data centers. Founded in 2014, it is based in Shenzhen, China.
Five shareholders of Haoshanghao reduce holdings by about 12.98 million shares, reduction plan completed
Haoshanghao announced on October 8 that the share reduction plans of company shareholders Diantong Investment, Qianshao Investment, Jujiao Investment, Yanzhi Venture Capital, and Chiheng Venture Capital have been completed. The five shareholders reduced a total of 12,975,100 shares, approximately 12.98 million shares, accounting for 2.9999% of the company's total share capital. All reductions were carried out through centralized bidding transactions during the period from July 7, 2026 to September 30, 2026. Diantong Investment reduced 2,595,030 shares at an average price of 17.85 yuan per share; Qianshao Investment reduced 2,594,990 shares at an average price of 18.01 yuan per share; Jujiao Investment reduced 2,594,985 shares at an average price of 18.23 yuan per share; Yanzhi Venture Capital reduced 2,595,040 shares at an average price of 18.00 yuan per share; and Chiheng Venture Capital reduced 2,595,055 shares at an average price of 17.83 yuan per share. After the reductions, Diantong Investment's shareholding ratio decreased from 7.3588% to 6.7588%, Qianshao Investment from 4.6891% to 4.0891%, Jujiao Investment from 4.6095% to 4.0095%, Yanzhi Venture Capital from 2.8693% to 2.2693%, and Chiheng Venture Capital from 2.7797% to 2.1797%. Fan Linan, one of the company's actual controllers and a director, along with directors and senior executives Wang Lichun and Meng Zhenjiang, and directors Xia Shixun and Shang Gaoming, indirectly hold company shares through the above shareholders. None of these reductions exceeded 25% of their current indirect holdings, and the reduced shares all originated from shares obtained before the company's initial public offering. The company stated that this share reduction will not have a significant impact on its governance structure or future sustainable operations, nor will it lead to a change in control. Haoshanghao was listed on the Shenzhen Stock Exchange in 2022, primarily selling electronic components to manufacturers of electronic products in application areas such as consumer electronics, industrial energy, automotive electronics, robotics, and communications and data centers. In the first half of 2026, the company achieved operating revenue of 7.386 billion yuan, a year-on-year increase of 90.18%; net profit attributable to shareholders of the listed company was 145 million yuan, up 332.32% year-on-year; net profit after deducting non-recurring gains and losses was 151 million yuan, up 369.18% year-on-year; basic earnings per share were 0.34 yuan, up 331.46% year-on-year; and the weighted average return on equity was 8.57%.
Semiconductors › Interconnect & Passive Components Capital
001298.CS · Capital · Negative Five shareholders of Haoshanghao completed a reduction of ~12.98 million shares (2.9999% of total capital), a large insider/early-investor sell-off.
Haoshanghao's first-half net profit attributable to parent reaches 145 million yuan, up 332.3% year on year
Haoshanghao released its 2026 interim report, showing first-half net profit attributable to the parent of 145 million yuan, up 332.3% year on year. Operating revenue reached 7.39 billion yuan, up 90.2% year on year. Net profit attributable to the parent after deducting non-recurring items was 151 million yuan, up 369.2% year on year. Net operating cash flow was negative 1.49 billion yuan, down 176.2% year on year. Earnings per share were 0.336 yuan. In the second quarter, operating revenue was 4.23 billion yuan, up 100.4% year on year, and net profit attributable to the parent was 86.27 million yuan, up 438.9% year on year. As of the end of the second quarter, total assets were 5.873 billion yuan, up 47.4% from the end of the previous year, and net assets attributable to the parent were 1.745 billion yuan, up 6.5% from the end of the previous year. The company's electronic component distribution business continued to grow, with strong sales in consumer electronics, industrial energy, and automotive electronics, and revenue from emerging areas such as automotive electronics and industrial energy rose significantly. The company also actively adjusted its research and development direction to focus on Matter modules and supporting ecosystem solutions, but some new technologies are still in the market cultivation stage, and mass production progress has been delayed. In the chip customization business, the dedicated analog device for continuous glucose monitoring in the medical market achieved a breakthrough in mass production, with operating revenue up 1070.74% year on year.
Haohao Shang's first-half 2026 net profit surges 332% year on year
Haohao Shang released its first-half 2026 report, achieving operating revenue of 7.386 billion yuan, up 90.18% year on year, and net profit attributable to shareholders of the listed company of 145 million yuan, up 332.32% year on year. The performance growth was mainly driven by improving industry conditions that boosted overall customer demand, along with a simultaneous expansion of the company's sales scale. Among this, second-quarter net profit was 86 million yuan, up 46% quarter on quarter, versus a previously guided range of 76 million to 101 million yuan.
Haoshanghao's Application for Issuing Shares to Specific Targets Approved by Shenzhen Stock Exchange
Haoshanghao's application for issuing shares to specific targets has been approved by the Shenzhen Stock Exchange. On July 22, 2026, the company received a notification letter from the Shenzhen Stock Exchange Listing Review Center, stating that the company meets the issuance conditions, listing conditions, and information disclosure requirements. Subsequently, the Shenzhen Stock Exchange will submit the matter to the China Securities Regulatory Commission for the registration process. This matter still requires approval from the China Securities Regulatory Commission before implementation, and uncertainties remain.
Haoshanghao Expects First-Half Net Profit to Rise 301.65% to 376.03% Year-on-Year
Haoshanghao has released its earnings forecast, expecting net profit attributable to the parent company for the first half of 2026 to be between 135 million and 160 million yuan, representing a year-on-year increase of 301.65% to 376.03%. The company stated that improving industry conditions have driven overall growth in customer demand, with sales scale expanding accordingly. Revenue from the consumer electronics segment maintained steady growth, while the automotive electronics, new energy, and robotics sectors benefited from the trend toward smart technology, with revenue rising significantly compared to the same period last year. At the same time, sales of certain product lines with relatively high gross margins increased year-on-year, collectively boosting the overall gross profit level.
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