Flat Glass commits CNY 95 million: Flat Glass stock sits 1.14 percent above its 52-week low

Published on 10/07/2026 at 05:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Flat Glass commits CNY 95 million to a subsidiary. For Flat Glass stock, revenue fell 13.81 percent to RMB 6.67 billion in the first half of 2026.

Flat Glass, CNE100002375, Illustration mit AI erstellt.

Flat Glass (ISIN CNE100002375) committed CNY 95.00 million to a subsidiary on September 9, 2026, while its HKD 5.31 Hong Kong share price stood 1.14 percent above the HKD 5.25 52-week low on October 7, 2026. According to MarketScreener on September 9, 2026, the funding was approved by the subsidiary board through convertible preferred shares. The combination of fresh capital and weak interim results puts the companys recovery path at the center of the stock story.

CNY 95 million capital increase

The transaction would lift the subsidiarys registered capital from CNY 205.00 million to CNY 300.00 million, according to MarketScreener. Flat Glass operates photovoltaic, household, architectural and float glass businesses, alongside quartz mining and solar power activities. The capital increase therefore extends an existing industrial platform rather than marking a change in the groups core business.

H1 loss changes the equation

The latest interim figures show the pressure facing that platform. Futu reported that revenue fell 13.81 percent year over year to RMB 6.67 billion in the first half of 2026, while net income swung from a RMB 266.00 million profit to a RMB 363.00 million loss. Gross profit margin declined 5.87 percentage points to 8.18 percent in the same period.

Photovoltaic glass accounted for RMB 5.86 billion, or 87.90 percent of revenue, but that segment fell 15.60 percent year over year. The figures make pricing and capacity utilization more important than the subsidiary investment alone, because the main business entered the capital increase with lower revenue and negative earnings.

Stock stays near yearly low

On the Hong Kong Stock Exchange, Flat Glass stock was HKD 5.31 at 11:35 a.m. HKT on October 7, 2026, against a 52-week range of HKD 5.25 to HKD 13.86. Market capitalization was HKD 20.8 billion on the same date.

The last Lang & Schwarz prior close was EUR 0.61 on October 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Flat Glass stock.