JINYAN KAOLIN (02693) Shareholder Transfers Shares from uSMART Securities to CGS with Transfer Value of HK$7.7 Million

Stock News12-09

According to the latest data from the Hong Kong Stock Exchange, on December 8, a shareholder of JINYAN KAOLIN (02693) transferred shares from uSMART Securities to CGS (China Galaxy Securities (Hong Kong)), with a transfer value of HK$7.7 million, accounting for 5.05% of the company's shares.

JINYAN KAOLIN specializes in coal-series kaolin in China and possesses integrated capabilities across the entire value chain, from mining, R&D, and processing to 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, with a 5.4% market share. Additionally, JINYAN KAOLIN is the largest producer of mullite materials for precision casting in China, holding a 19.1% market share by revenue in 2024.

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