# Huazheng Shares Drop 30% as Zhang Jianping's Wife Holds Stakes

> Huazheng New Material's stock fell 30.34% in Q4 as Zhang Jianping's wife kept 7.7747 million shares untouched.
- Title: Huazheng Shares Drop 30% as Zhang Jianping's Wife Holds Stakes
- Summary: Huazheng New Material's stock fell 30.34% in Q4 as Zhang Jianping's wife kept 7.7747 million shares untouched.
- Keywords: huazheng new material, zhang jianping, fang wenyan, goldman sachs international, national social security fund portfolio, copper clad laminates, share price drop, shareholder changes, markets, BigGo Finance
- Source: BigGo Finance — https://finance.biggo.com/news/2de13b18-f6f2-45ec-973d-a87320dc0a9e
- Author: BigGo Finance
- Published: 2026-11-10T19:25:20+00:00
- Read time: 1 min
- Topics: huazheng new material, zhang jianping, fang wenyan, goldman sachs international, national social security fund portfolio, copper clad laminates, share price drop, shareholder changes, finance, markets
## Huazheng Shareholder Update
Huazheng New Material disclosed that as of Nov. 5, Fang Wenyan held 7.7747 million shares, unchanged from Q3.
## Stock Price Decline
Huazheng's stock fell 30.34% cumulatively from early October to Nov. 5, after tripling this year.
## Shareholder Shifts
Goldman Sachs added 759,600 shares while National Social Security Fund Portfolio 601 exited top ten shareholders.
## Q3 Financials
Huazheng reported CNY 5.61 billion revenue and CNY 800 million net profit for first three quarters.
## Profit Drivers
Higher copper-clad laminate prices and rising PP sheet sales boosted profits 1,177.71% year-on-year.
## Investor Views
QuanGuo Fund says tech sector rebound is possible but earnings quality matters more than short-term drops.

> We will not deny the tech direction because of a short-term drawdown, but we will pay more attention to individual stocks' earnings quality, valuation levels and financing-structure resilience
## Market Reaction
Huazheng's share price volatility reflects investor confidence in copper-clad laminate upcycle.
## Key Stakeholders
Zhang Jianping's wife holds 4.96% stake, making her second-largest shareholder.
## What Happens Next
Huazheng's earnings performance will determine if share price stabilizes after recent drop.
## Key takeaway

Huazheng New Material's stock dropped 30.34% in Q4 while Zhang Jianping's wife held 7.7747 million shares unchanged.