On December 5, a shareholder of JINYAN KAOLIN (02693) transferred shares from Industrial Bank Co., Ltd. to Bank of China (Hong Kong), with a transfer value of HK$20.57 million, accounting for 12.18% of the holdings.
JINYAN KAOLIN specializes in coal-series kaolin in China and possesses integrated capabilities across the entire value chain, from mining and R&D to processing, production, and sales. According to data from Frost & Sullivan, the company ranked fifth in China's coal-series calcined kaolin market by revenue in 2024, holding a 5.4% market share.
Additionally, JINYAN KAOLIN is the largest producer of mullite materials for precision casting in China, with a market share of 19.1% based on 2024 revenue figures.
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