Dongfang Electric Records HK$371 Million in Share Transfers, 3.77% of Issued Capital, with Citibank as a Net Seller

Stock News06-25 08:50

Recent data from the Hong Kong Stock Exchange reveals a significant share transfer activity for Dongfang Electric Corporation Limited (HKG: 01072) on June 24th.

The total value of shares transferred amounted to HK$371 million, representing approximately 3.77% of the company's issued share capital.

Specifically, a shareholder transferred 12.4125 million shares into Merrill Lynch Far East Limited, while 11.7841 million shares were transferred out from Citibank.

In related company news, the 19th International Solar Photovoltaic and Smart Energy Conference & Exhibition (SNEC 2026) commenced at the National Exhibition and Convention Center in Shanghai on June 3rd.

Subsidiaries of the Dongfang Electric Group, including Dongfang Automation Control, Dongfang International, Dongfang Research Institute, and Dongshu New Materials, participated in the exhibition.

They showcased a full range of proprietary photovoltaic and energy storage core products, providing a comprehensive display of the group's technological innovations.

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