HAIWEI ELEC (09609) Shareholder Transfers Shares from HSBC to CICC Hong Kong Securities, Valued at HK$58.63 Million

Stock News12-03

According to the latest data from the Hong Kong Stock Exchange, on December 2, a shareholder of HAIWEI ELEC (09609) transferred shares from HSBC to CICC Hong Kong Securities, with a transfer value of HK$58.63 million, accounting for 8.10% of the holdings.

HAIWEI ELEC made its debut on the stock market on November 28. The company issued 35.456 million shares at HK$14.28 per share, with each lot consisting of 200 shares. The net proceeds from the offering amounted to approximately HK$452 million.

According to industry research, HAIWEI ELEC ranks as China's second-largest capacitor film manufacturer by 2024 sales volume. Its capacitor film products primarily include base films and metallized films, which are key components of film capacitors. These capacitors are widely used in end applications such as new energy vehicles, renewable energy power systems, industrial equipment, and household appliances. By revenue from capacitor base films, the company holds a 10.9% market share in China.

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