XUNZHONG (02597) Shareholder Transfers Shares from Yingbao Securities to Zunjia Securities, Valued at HK$31.99 Million

Stock News

Dec 16, 2025

Latest data from the Hong Kong Stock Exchange reveals that on December 15, a shareholder of XUNZHONG (02597) transferred shares from Yingbao Securities International Hong Kong to Zunjia Securities International. The transferred shares were valued at HK$31.99 million, representing 7.42% of the company's holdings.

XUNZHONG also announced that its current Hong Kong auditor, Ernst & Young, will step down as the company's auditor effective from the sixth interim shareholders' meeting in 2025 and will not be reappointed.

The company was listed on the Hong Kong Stock Exchange on July 9, 2025, and established a wholly-owned subsidiary, XUNZHONG Future Communications Technology Limited, in Hong Kong on September 2, 2025. The subsidiary is registered in Hong Kong with a capital of HK$10,000.

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