Position Shift Noted at LONGHUI INTL as 52.84 Million Shares Move Between Brokers, Valued at HK$3.7 Million

Stock News09-18

Hong Kong Exchanges and Clearing Limited filings reveal a notable position change at LONGHUI INTL (01007) on September 17, with transferred shares totaling a market value of HK$3.699 million, representing 27.87% of the company's issued share capital.

The shareholder moved 52.8425 million shares, with the same quantity transferred in from Mingji Securities and out from Changli Securities. This shift represents a significant reallocation of the company's holdings between the two brokerage firms.

In its interim results for the six months ended June 30, 2025, LONGHUI INTL reported revenue of RMB 19.733 million, a decrease of 32.89% year-over-year. The company recorded a loss attributable to owners of RMB 7.949 million, widening by 41.52% compared to the prior period, with a loss per share of RMB 0.04.

The company attributed the increased loss to a challenging operating environment in the hotpot industry, which led to reduced customer traffic during the reporting period.

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