Shareholders of TEXHONG INTL GP will transfer shares from UBS Securities Hong Kong Limited to HSBC Hong Kong, with a transfer market value of HKD 373 million

According to the latest information from the Hong Kong Stock Exchange, on August 22, shareholders of TEXHONG INTL GP transferred shares from UBS Securities Hong Kong Limited to HSBC Hong Kong, with a transfer market value of HKD 373 million, accounting for 7.89%. TEXHONG INTL GP recently issued a profit warning, expecting that the group will achieve a net profit of approximately RMB 280 million for the six months ending June 30, 2025, an increase of about 60% compared to the same period last year. This is mainly due to a recovery in domestic and international market orders during this period, with both the group's sales and capacity utilization rates improving compared to the same period last year, and the gross profit margin of products also improving during this period. In addition, benefiting from the continuous improvement of the group's asset-liability structure, financial expenses during this period have also significantly decreased compared to the same period last year