On January 21, the stock price of Guangzhou Haige Communication Group Co., Ltd. (Haige Communication) fell by 2.21%. This decline followed the company’s announcement on January 15 that it was expecting a loss in its 2025 performance, leading to a continued decrease in stock price. In December 2025, Haige Communication’s stock price experienced a rapid surge, doubling within a month.
At the close of trading on January 21, Haige Communication closed at 17.70 yuan per share, dropping by 2.21%. According to a report from “Nanfang Daily” on January 21, prior to December 2025, Haige Communication’s stock price had once dropped below 12 yuan per share. However, in December 2025, there was fervent speculation in the Chinese commercial aerospace sector, causing Haige Communication’s stock price to skyrocket. Within a month, the stock price doubled, reaching a high of 26.62 yuan per share on January 14, representing a 137% increase from the low point of 11.23 yuan per share on November 21.
On January 15 of this year, Haige Communication issued a “Notice Regarding the Forecast of Annual Performance for 2025.” The announcement stated that the net profit attributable to the shareholders of the listed company for the year 2025 was expected to be negative, with the company projecting a loss in its annual operating performance for 2025.
Regarding the reasons for the anticipated loss, the announcement cited factors such as “the impact of adjustments in industry clients and cyclical fluctuations, as well as continued increased investment in innovative businesses.”
Following the release of the loss announcement, the company’s stock price began a consecutive decline from the 15th onwards. On the 20th, the stock price closed at 18.10 yuan per share, marking a 6.70% decrease. This price had already fallen by 32% from the high point of 26.62 yuan per share on January 14.
Faced with the rollercoaster-like fluctuations in stock price, Haige Communication had to issue a “Notice of Abnormal Fluctuations in Stock Trading” on January 20. The announcement stated that the company’s “stock price deviated by more than 20% from the closing price for three consecutive trading days (January 15, 16, and 19, 2026), which constitutes abnormal fluctuations in stock trading according to the relevant provisions of the Shenzhen Stock Exchange Trading Rules.” The announcement reassured investors by stating that the company’s recent production and operation were normal and there had been no significant changes in the internal and external operational environment. It also mentioned that “the controlling shareholder and actual controller did not buy or sell the company’s stock” during the period of abnormal stock trading.
Guangzhou Haige Communication Group Co., Ltd. is located in the Science City of the Guangzhou Economic and Technological Development Zone. It is one of the 520 key enterprise groups identified by the Chinese Communist Party authorities, providing communication and navigation equipment to various branches of the Chinese military.
On August 27, 2020, Haige Communication was previously sanctioned by the United States, meaning that American companies need permission to export, re-export, or transfer items controlled under the Export Administration Regulations to Haige Communication, with such licenses often being denied.