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On the evening of August 2, the official account "Huangdao Release" of the Publicity Department of the Huangdao District Committee of Qingdao City issued a fire situation report. At 17:00 on August 2, a fire broke out at the warehouse of Qingdao Xiangyu Speedtrans Supply Chain Co., Ltd. located at No. 363 Qixinghe Road, Huangdao District.
After the incident, multiple departments including Qingdao municipal and Huangdao district fire, general security, and emergency services rushed to the scene to carry out firefighting and disposal work. Upon verification, there were no people trapped and no casualties in this fire. The specific trigger of the warehouse fire is still under investigation and evidence collection by multiple parties.
Business registration information shows that Qingdao Xiangyu Speedtrans Supply Chain Co., Ltd. was registered and established on October 21, 2014, with a registered capital of 50 million yuan. It is an indirectly held enterprise of the A-share listed company Xiamen Xiangyu (600057).
Combined with Xiamen Xiangyu's 2025 annual report, the listed company indirectly holds 80.76% of the equity in Qingdao Xiangyu. Qingdao Xiangyu's main business is thorough logistics and warehousing, serving as a core domestic bulk rubber storage node in Xiamen Xiangyu's layout.
Financial data shows that in 2024, Qingdao Xiangyu achieved an operating revenue of 175 million yuan and a net profit of 21.02 million yuan. As of the end of 2024, its net asset size was 40.7 million yuan.
general information indicates that Xiamen Xiangyu's main business focuses on thorough supply chain services to bulk commodities, providing full-chain services such as centralized procurement of raw and auxiliary materials, finished product distribution, trunk line logistics, supply chain finance, and supporting consulting to various manufacturing companies. Rubber storage is an crucial component of the company's bulk material storage sector, and the Qingdao warehouse undertakes the key functions of regional rubber storage, transit, and distribution.
As of now, Xiamen Xiangyu has not yet issued an official listed company announcement regarding this fire at the Qingdao warehouse. In terms of the capital market, at the close on July 31, Xiamen Xiangyu's stock price was reported at 6.70 yuan/share, with a total market value of 19.02 billion yuan. The company's stock price has cumulatively fallen by nearly 20% year-to-date. Market attention is focused on whether the fire caused harm to rubber goods, operational losses caused by the warehouse shutdown, and the immediate impact of subsequent insurance claims and security rectifications on the warehousing business.
Currently, on-site firefighting operations are continuing. The trigger of the fire, details of damaged goods, and asset losses are awaiting further official disclosure.
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