Gettop's controlling shareholder keeps buying; Thailand plant planned
Controlling shareholder's buying spree continues Weihao Chuangxin, acting with Gettop's controlling shareholder, raised its stake to 8.85% and became the largest shareholder, after a 240 million yuan purchase and a 200 million yuan bank loan for more buying. Big owners putting in their own money signals confidence and adds steady demand for the stock.
This is the main force behind the stock: repeated insider buying by the controlling shareholder's group.
US$30 million Thailand subsidiary for overseas growth Gettop plans to spend US$30 million of its own cash to set up a subsidiary in Thailand, aiming to speed up its overseas market expansion. If it wins more foreign customers, that supports future revenue and profit, though the plant will take time to pay off.
A new strategic move that could expand Gettop's overseas business and long-term earnings.
First-half profit expected to fall sharply Gettop's net profit for the first half of 2026 is expected to drop 65% to 72% from a year earlier, even as revenue reached 717 million yuan. Weak earnings are a real counterweight to the buying news and can cap how much the stock rises.
It is the main negative fact in the period and a fair balance to the positive insider-buying story.
Same buyer also backs sister company Gongda Weihao Chuangxin finished a 230 million yuan stake increase in Gongda Electroacoustic, lifting its holding to 9.37%. It shows the same investor is actively buying acoustic-sector shares, which can lift sentiment for Gettop as a related name.
It shows the controlling shareholder's group is committed to the acoustic sector, supporting Gettop's shares indirectly.