KWUNGS AROMA shareholders will transfer their stocks from Xingzheng International Securities to Yingli Securities, with a transfer market value of HKD 30.7445 million

According to the latest information from the Hong Kong Stock Exchange, on August 28, KWUNGS AROMA shareholders transferred their shares from Xingzheng International Securities to Yingli Securities, with a transfer market value of HKD 30.7445 million, accounting for 6.84%. KWUNGS AROMA recently announced that, based on the results of the anti-dumping investigation conducted by the European Commission, the European Commission will implement a regulation on August 13, 2025, imposing temporary anti-dumping duties on imported candles, small candles, and similar products originating from the People's Republic of China. The temporary tariff rate applicable to candle products produced by the company's subsidiary established in the People's Republic of China and imported to EU member states is 70.9%. The European Commission stated that the results of the investigation regarding the imposition of temporary tariff rates are provisional and may be modified during the final ruling phase of the anti-dumping investigation. The board believes that, given that over 50% of the group's sales come from orders for candle products purchased by customers in EU member states, the temporary tariffs may impact the group's overall revenue and profits