HUIJING HLDGS shareholders will transfer stocks from HSBC Hong Kong Shanghai to Jianyin International Securities, with a transfer market value of HKD 16.3931 million

According to the latest information from the Hong Kong Stock Exchange, on July 11, HUIJING HLDGS (09968) shareholders transferred their shares from HSBC Hong Kong to Jianyin International Securities, with a transfer market value of HKD 16.3931 million, accounting for 26.00%.

On the same day, the company announced that it has met all resumption guidelines and has applied to the Stock Exchange for the resumption of trading of its shares starting from 9:00 AM on July 14, 2025.

According to the annual performance report for 2024 published by HUIJING HLDGS (09968), the company's revenue decreased by 74.4% to approximately RMB 241 million, with a loss attributable to the parent company of approximately RMB 799 million, an increase of 14.75% year-on-year; the loss per share was RMB 0.15. The announcement stated that the increase in net loss was mainly due to an increase in financial costs of approximately RMB 263 million, partially offset by a decrease in other expenses of approximately RMB 179 million.

During the period, the delivered construction area decreased from 67,038 square meters for the year ending December 31, 2023, to 31,530 square meters for the year ending December 31, 2024, a year-on-year decrease of approximately 53.0%. The average selling price dropped from RMB 13,563 per square meter to RMB 6,381 per square meter, due to a reduction in the area of major delivery projects in 2024 and lower unit prices. As of December 31, 2024, the group's land reserve was approximately 2,799,191 square meters, including 18 projects and 4 plots of land, located in 7 cities in the Greater Bay Area, Yangtze River Delta urban agglomeration, and the middle reaches of the Yangtze River