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Hengdian Group Tospo Lighting Co Ltd

Hengdian Group Tospo Lighting Co., Ltd. is a China-based company engaged in the research, development, production, sale, and servicing of civil, commercial, and automotive lighting products. It operates through two segments: lighting and automotive. Its lighting offerings include consumer products such as plant, decorative, cross, small panel, ceiling, downlight, filament, and bulb lights; professional products such as floodlights, industrial and mining lamps, safety lamps, and streetlights; and automotive lighting such as thick-walled dual-color and front combination headlights. The company also manufactures automotive controllers and lighting products, including headlamp drivers, battery management systems, and automotive lighting components. Founded in 1996, it is based in Jinhua, China.

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Tospo Lighting to invest up to 55 million yuan in partnership, with Hengdian Eastmagnetic and Innuovo among related parties co-investing

Tospo Lighting announced on September 23 that it plans, as a limited partner, to subscribe for a 3.33% stake in Hengdian Bohui Venture Capital Hangzhou Partnership with up to 55 million yuan of its own funds. The partnership has a target capital size of 1.65 billion yuan, of which Hengdian Eastmagnetic will contribute 165 million yuan for a 10% stake, and Innuovo will contribute 55 million yuan for a 3.33% stake. Hengdian Capital, Hengdian Eastmagnetic, Innuovo, and Nanhua Capital, all under the company's controlling shareholder Hengdian Group Holdings, are participating in the subscription, and Sanheng Investment, an enterprise controlled by a director of the controlling shareholder, is also participating in this investment. In addition, company directors Xu Wencai, Hu Tiangao, and Lyu Yuelong serve as directors at the fund manager Hengdian Capital, making this transaction a related-party transaction. The partnership will make equity investments in high-growth, high-tech enterprises to generate good investment returns for all partners. In the first half of 2026, Tospo Lighting achieved revenue of 2.043 billion yuan and net profit attributable to the parent of 76.39 million yuan.
603303.CG · Capital · Positive Tospo Lighting will invest up to 55 million yuan of its own funds as a limited partner in the Hengdian Bohui venture capital partnership.
000795.CS · Capital · Positive Innuovo will contribute 55 million yuan for a 3.33% stake in the Hengdian Bohui venture capital partnership.
002056.CS · Capital · Positive Hengdian Eastmagnetic will contribute 165 million yuan for a 10% stake in the Hengdian Bohui venture capital partnership.
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Tospo Lighting Provides 250 Million Yuan Guarantee for Subsidiary Ruijin Tospo

Tospo Lighting announced that the company has provided a joint liability guarantee for its wholly-owned subsidiary Ruijin Tospo's credit business at China Minsheng Bank Jinhua Branch, with a maximum principal balance of 250 million yuan. The guarantee period runs from September 4, 2026 to September 3, 2027. Ruijin Tospo was established in December 2011 with a registered capital of 3 million yuan, mainly engaged in the manufacturing and sales of energy-saving lamps and lighting appliances.
603303.CG · Capital · Neutral Tospo Lighting provides a 250 million yuan joint liability guarantee for its subsidiary Ruijin Tospo's bank credit, a financing/guarantee event with unclear net impact.
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Tospo Lighting's 2026 Interim Net Profit Falls 46.51% Year-on-Year

Tospo Lighting released its 2026 interim report, with net profit attributable to the parent company of 76.3947 million yuan, down 46.51% from the same period last year. Total operating revenue was 2.043 billion yuan, down 5.04% year-on-year; net cash inflow from operating activities was 249 million yuan, up 10,400% year-on-year. The company's latest asset-liability ratio was 41.71%, gross margin was 15.67%, ROE was 2.46%, and diluted earnings per share was 0.16 yuan.
603303.CG · Capital · Negative Net profit fell 46.51% year-on-year in interim report.
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Hengrun Technology reduces stake in Tospo Lighting by 4.76 million shares, cashing out 129 million yuan

Tospo Lighting announced that shareholder Zhejiang Hengrun Technology Co., Ltd. reduced its stake in the company by a cumulative 4.76 million shares through centralized competitive trading, accounting for 0.998% of the company's total share capital, with a total reduction amount of 129 million yuan. In the first quarter of 2026, Tospo Lighting achieved revenue of 993 million yuan and net profit attributable to the parent company of 44.32 million yuan.
603303.CG · Capital · Negative Shareholder Hengrun Technology reduced stake, cashing out 129 million yuan, indicating selling pressure.
浙江横润科技有限公司 · Capital · Negative Hengrun Technology sold 4.76 million shares of Tospo Lighting, realizing 129 million yuan.
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