JST GROUP (06687) Shareholder Deposits Shares with CICC Hong Kong Securities, Custody Value Reaches HK$465 Million

Stock News05-27

According to the latest data from the Hong Kong Stock Exchange, on May 26th, a shareholder of JST GROUP (06687) deposited shares with China International Capital Corporation (CICC) Hong Kong Securities. The custody value of the shares amounted to HK$465 million, representing 6.56% of the company's shares.

On April 21st, JST GROUP reached the six-month post-listing milestone, triggering the lifting of the initial lock-up period. Among the locked-up shares, 13 cornerstone investors saw the release of approximately 33.0629 million shares, accounting for 7.8% of the issued share capital.

The company's performance results for 2025 showed that JST GROUP achieved annual revenue of approximately RMB 1.142 billion, marking a year-on-year increase of 25.6%. However, the loss attributable to the company's equity holders was approximately RMB 1.655 billion, shifting from a profit to a loss compared to the previous year. This loss was primarily attributed to the conversion of pre-IPO issued convertible redeemable preferred shares into the company's ordinary shares at the time of its listing.

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