On September 16, Shanghai Huafeng Ultrafiber Technology Co., Ltd. (Securities abbreviation: Huafeng Ultrafiber, stock code: 300180) issued an announcement stating that some restricted shares issued before the initial public offering will be unbanned and listed on September 22, 2025. The number of restricted shares released this time is 227,053,125 shares, accounting for 12.8930% of the company’s total share capital. It involves five shareholders, all of which are the joint actors of the company’s actual controllers.
These shareholders include You Xiaoyan, You Xiaoling, You Xiaohua, Eugene Huan and Chen Linzhen. The announcement also confirmed the relevant shareholders’ commitment to restriction during the initial public offering and their performance. All shareholders strictly abide by the commitment and no violation of the commitment occurred. After this lifting of the ban, the company’s capital structure will change, the proportion of shares outstanding for restricted sales will decrease, and the proportion of shares outstanding for unrestricted sales will increase.
According to Tianyan Check data, Huafeng Superfiber was established on October 24, 2002 with a registered capital of RMB 1761.0601.55 million. The legal representative is You Feifeng, and the registered address is No. 888, Tingwei South Road, Jinshan District, Shanghai. The main business is the research and development, production and sales of microfiber materials.
At present, the company’s chairman is You Feifeng, the secretary is Chu Yuxi, the number of employees is 2,414, and the actual controller is You Xiaoping.
The company has 28 companies, including Nantong Huafeng Trading Co., Ltd., Weifutong (Changsha) Digital Technology Co., Ltd., Weifutong (Hong Kong) Technology Co., Ltd., Jiangsu Huafeng Ruijin Nylon Technology Co., Ltd., Shenzhen Shiming Technology Co., Ltd., etc.
In terms of performance, the company’s operating income from 2024 to 2025 (Q2) was RMB 4.582 billion, RMB 1.054 billion and RMB 1.972 billion, respectively, an increase of -0.12%, -11.61% and -16.61% year-on-year respectively. The net profit attributable to shareholders was RMB 71.0155 million, RMB 62.0099 million and RMB 75.6815 million, respectively, and the net profit attributable to shareholders increased by 130.69%, 169.03% and 11.18% year-on-year respectively. During the same period, the company’s debt-to-asset ratio was 34.29%, 31.05% and 28.52% respectively.
