Xinhua Media opened limit-up again on October 8, rising 10.05% to 11.39 yuan per share, with a total market value approaching 12 billion yuan. Since September 21, the stock has posted eight consecutive one-word limit-up boards in eight trading days, with a cumulative gain of over 114%. Previously, on the evening of September 7, Xinhua Media announced plans to acquire a controlling stake in Shanghai Interface Cailianshe Technology Co., Ltd. through a share issuance, expected to constitute a major asset restructuring but not a reverse merger, and to involve a related-party transaction. During the sharp share-price rise, the company issued multiple announcements on abnormal stock trading fluctuations and risk warnings, urging investors to pay attention to secondary-market trading risks. On September 28, the Shanghai Stock Exchange sent a regulatory work letter to Xinhua Media concerning share-price fluctuation matters. Shanghai United Media Group replied the same day that, apart from the previously disclosed major asset restructuring, there were no other major matters requiring disclosure, and that during the period of abnormal fluctuations, the group and persons acting in concert did not buy or sell the company's shares. In terms of performance, in the first half of 2026, Xinhua Media achieved operating revenue of 631 million yuan, up 0.03% year on year; net profit attributable to the parent company was 32.7649 million yuan, up 1.29% year on year; and net profit attributable to the parent company after deducting non-recurring items turned positive at 28.84 million yuan.
Shanghai Xinhua Media Co LtdXinhua Media announced plans to acquire a controlling stake in Shanghai Interface Cailianshe Technology via share issuance, a major asset restructuring driving the eight limit-up boards.
