Hanlan Co., Ltd. stock has experienced a deviation of over 20% in its increase for three consecutive trading days

NightAirdropper · 2026-02-28T01:22:00+00:00

Hanlan Co., Ltd. announced that there have been abnormal fluctuations in the stock price for three consecutive days and confirmed that no significant information or illegal activities have been found. The company's operations are normal, and investors are reminded to be aware of risks. Founded in 1989, Hanlan's main business is cables. In recent years, its operating income has fluctuated, and it faces certain risks.

NightAirdropper

2026-02-28 01:22:00

Abstract generation in progress

Radar Finance | Written by Yang Yang | Edited by Li Yihui

On February 26, Hanlan Co., Ltd. (Stock Code: 002498) issued an announcement regarding abnormal fluctuations in its stock trading. The company’s stock price closed with a cumulative deviation of over 20% from February 24 to 26, 2026, for three consecutive trading days, indicating an abnormal fluctuation. After verification, the company confirmed that the previously disclosed information was accurate, no undisclosed major information was found, operations are normal, there are no major undisclosed matters, the controlling shareholder and actual controller have not bought or sold stocks, and there are no violations of fair disclosure of information. The company’s board of directors confirmed that there is no information that should be disclosed but has not been disclosed, and investors are reminded to be cautious of risks. All company information is subject to the disclosures made through designated media.

According to Tianyancha data, Hanlan Co., Ltd. was established on November 8, 1989, with a registered capital of 3,326.796 million RMB. The legal representative is Zhang Ligang, and the registered address is No. 628 Jiushui East Road, Laoshan District, Qingdao (including East and West factories). Its main business includes cable and accessory systems, condition monitoring systems, and general contracting of power transmission and transformation projects.

Currently, the company’s chairman is Zhang Ligang, the secretary of the board is Wang Zhengzhuang, with 3,050 employees, and the actual controller is Zhang Sixia.

The company has stakes in 34 subsidiaries, including Wenzhou Hanhe New Energy Co., Ltd., HANHE CABLE MIDDLE EAST DMCC, Hanhe (Yanggu) Cable Co., Ltd., Zibo Qilu High Voltage Insulation Materials Co., Ltd., Jiaozuo Hanhe Cable Co., Ltd., and others.

In terms of performance, the company’s operating income for 2022, 2023, and 2024 was 9.842 billion yuan, 9.658 billion yuan, and 9.260 billion yuan, respectively, with year-on-year growth of 9.58%, -1.87%, and -4.12%. Net profit attributable to shareholders was 786 million yuan, 760 million yuan, and 655 million yuan, with year-on-year growth of 1.10%, -3.26%, and -13.81%. During the same period, the company’s asset-liability ratio was 27.08%, 25.04%, and 28.84%.

Regarding risks, Tianyancha data shows the company has 204 internal Tianyan risks, 187 surrounding risks, 287 historical risks, and 226 warning risks.

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