LOPAL TECH Shareholder Transfers Holdings from BNP Paribas to Citibank with Portfolio Valued at HK$147 Million

Stock News08:18

According to the latest data from the Hong Kong Stock Exchange, on April 23, a shareholder of LOPAL TECH (02465) transferred shares from BNP Paribas to Citibank. The transferred portfolio was valued at HK$147 million, representing 7.76% of the company's shares. LOPAL TECH forecasts its first-quarter 2026 revenue to be between 3.3 billion and 3.6 billion yuan, a year-on-year increase of 107.25% to 126.09%. It also expects a net profit attributable to shareholders of 200 million to 250 million yuan, turning a profit compared to the same period last year. During the period, the company's primary lithium iron phosphate business was affected by upstream and downstream industry demand. Both revenue and sales volume showed varying degrees of growth, with scale benefits becoming evident and profitability recovering.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment