Xinming China (02699) transferred 2.1 million shares from Dahua Jixian (Hong Kong) with a total market capitalization of HK$13.569 million, accounting for 9.16%

The Zhitong Finance App learned that the latest data from the Hong Kong Stock Exchange shows that on August 25, Xinming China (02699) experienced position changes, with a total market value of HK$13.5691 million, accounting for 9.16%. The company's shareholders transferred 2.11 million shares to Yuanyuan Securities and 2.1 million shares from Dahua Jixian (Hong Kong).

Earlier, Xinming China announced that as a prerequisite for the 2026 share offering, the company proposed to implement the share consolidation on the basis of merging existing shares with a face value of HK$0.01 per 25 shares into a consolidated share with a face value of HK$0.25 per share. After the share merger comes into effect, the trading unit for each lot of the consolidated shares will remain unchanged, with 2,000 consolidated shares per lot as the trading unit.