CFMOTO Shares Surge to 300 Yuan, Pension and Social Security Funds New Top Holders in Q1 2026

CFMOTO's share price has continued to strengthen recently. After hitting a stage low of RMB 213 on June 22, the stock trended higher and is currently trading around RMB 300, closing at RMB 300.50 on July 28. Over a longer period, the stock rose 61.78% in 2024 and 84.19% in 2025, and is up over 9% year-to-date in 2026. The company's two mature businesses are four-wheel all-terrain vehicles (ATVs) and mid-to-large displacement fuel motorcycles, while it also develops high-end lithium-battery electric two-wheelers. Overseas revenue has grown nearly fivefold over the past five years, reaching close to RMB 13.8 billion in 2025, representing nearly 70% of total revenue. With few domestic competitors in four-wheel ATVs, the company accounts for over 70% of domestic exports of similar products, and the segment's gross margin has long remained above 30%. From the Q1 2026 report on top ten floating shareholders, the Basic Pension Insurance Fund 16022 combination has been a top ten floating shareholder since the 2022 semi-annual report, with an initial holding of 1.5 million shares. From Q3 2025 to Q1 2026, its holding was fixed at 6.0377 million shares, representing 3.93% of total share capital. The Basic Pension Insurance Fund 16032 combination entered in the 2022 annual report, initially holding 1.9 million shares, and held 1.91 million shares in Q1 2026, representing 1.25% of total share capital. The National Social Security Fund 406 combination newly entered the top ten shareholders in Q1 2026. In the A-share market, Yangtze Power has long been heavily held by social security and pension funds due to its stable cash flow and dividends, experiencing a long-term upward trend. China Shenhua, Zijin Mining, Taotao Vehicles and other companies have also attracted continuous allocation from long-term institutions thanks to stable profitability and cash flow.