Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
More
Shenghui Technology: Shareholder Ji Faqing Plans to Reduce Holdings by No More Than 5 Million Shares
Radar Finance Text | Yang Yang Edited | Li Yihui
On March 11, Shenghui Intelligent Technology Co., Ltd. (Stock abbreviation: Shenghui Technology) announced that its major shareholder, director, and senior management, Mr. Ji Faqing, plans to reduce his holdings by no more than 5,000,000 shares, accounting for 1.01% of the company’s total share capital. The reduction will occur from April 2, 2026, to July 1, 2026, through centralized bidding or block trades.
The reason for this reduction is to meet personal funding needs. Mr. Ji Faqing currently holds 97,817,641 shares, representing 19.66% of the company’s total share capital. This reduction plan complies with relevant laws and regulations and is consistent with previously disclosed intentions and commitments.
According to Tianyancha, Shenghui Technology was established on December 11, 2003, with a registered capital of 497.51129 million RMB. The legal representative is Ji Faqing, and the registered address is No. 256, Longmen West Road, Laiyang City, Shandong Province. Its main businesses include electrical complete equipment, smart city integrated services, new energy, and new materials.
Currently, the company’s chairman is Li Zhaoqiang, the secretary of the board is Tan Haibo, with 812 employees, and the actual controller is Li Zhaoqiang.
The company has stakes in 23 subsidiaries, including Foshan Shengmei New Energy Co., Ltd., Beijing Shengxin Technology Co., Ltd., Guangzhou Shenghui New Energy Co., Ltd., Foshan Shenghui Intelligent Electrical Co., Ltd., Shenghui Holding Co., Ltd., and others.
In terms of performance, the company’s operating income for 2022, 2023, and 2024 was 2.147 billion yuan, 2.002 billion yuan, and 1.455 billion yuan, respectively, with year-over-year changes of -20.79%, -6.72%, and -27.32%. Net profit attributable to the parent was -981 million yuan, -1.696 billion yuan, and -120 million yuan, with year-over-year changes of -569.85%, -72.82%, and 92.93%. During the same period, the company’s asset-liability ratio was 44.35%, 55.29%, and 52.89%.
Regarding risks, Tianyancha data shows the company has 219 internal Tianyan risks, 438 surrounding risks, 58 historical risks, and 141 early warning risks.