Xinming China (02699) Share Transfer Valued at 28.10 Million HKD, Accounting for 17.82% of Total, with 1.272 Million Shares Moved from Cathay Securities (Hong Kong)

Stock News08-12 08:25

According to the latest data from the Hong Kong Stock Exchange, on August 11, Xinming China (02699) experienced a notable change in its shareholding position, with a transfer value totaling 28.10 million HKD, representing 17.82% of the company's total shares. The company's shareholders transferred 2.916 million shares to Fortune Smart Securities and moved 1.272 million shares out of Cathay Securities (Hong Kong).

Xinming China released its annual results for the year ending December 31, 2025. The group recorded revenue of 110 million RMB during the period, a 26% increase year-over-year. The loss attributable to the company's owners was 219 million RMB, narrowing by 59.6% compared to the previous year, with a basic loss per share of 4.139 RMB.

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