Significant Share Transfer for SHANXI INSTALL Involves HKD 155 Million in Value

Stock News
Jun 16

Recent data from the Hong Kong Stock Exchange reveals a notable change in share positions for SHANXI INSTALL (02520) on June 15. The total value of the transferred shares amounted to HKD 155 million, representing 20.6% of the relevant holdings.

A shareholder of the company transferred 76.95 million shares into China Merchants Bank while moving the same quantity out from Citibank.

SHANXI INSTALL has announced its annual results for the period ending December 31, 2025. The company reported operating revenue of RMB 10.531 billion, marking a 14% year-on-year decrease. Net profit attributable to owners of the parent company was RMB 138 million, down 9.9%. Basic earnings per share were RMB 0.10, with a proposed final dividend of RMB 0.20380 per 10 shares (tax inclusive).

The decline in operating revenue during the period was primarily due to a decrease in revenue from specialized supporting engineering and other engineering works.

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