Movement Alert｜KB LAMINATES Rises 3.45% in Regular Trading, Controlling Shareholder Continues Buying Spree as Connected Transaction Caps Raised

On September 17, KB LAMINATES rose 3.45% in regular trading, trading at HKD 49.58/share, with turnover of HKD 406 million.

On the news front, controlling shareholder Kingboard Holdings Limited purchased an additional 1.114 million shares on September 14 at an average price of approximately HKD 46.89, investing around HKD 52.24 million, lifting its long position to 62.06%. Since late August, the major shareholder has accumulated over HKD 300 million in purchases through multiple affiliated entities in the secondary market. Company Chairman Zhang Guohua also acquired 200,000 shares on September 4.

Simultaneously, the company announced the renewal of two framework agreements with Kingboard Holdings for material purchases and supply, effective through the end of 2028, with substantially increased annual caps, reflecting expectations for continued business expansion. Since March, KB LAMINATES has raised FR-4 copper-clad laminate prices seven times, with cumulative compound increases exceeding 100%. For the first half, the company reported revenue of HKD 14.904 billion, up 55% year-over-year, and net profit of HKD 2.887 billion, up 209%. Citi reiterated a Buy rating with a target price of HKD 95.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)