According to the latest information from the Hong Kong Stock Exchange, on January 14, a shareholder of JINXUN RESOURCE (03636) transferred shares from Huatai Hong Kong to Citibank, with a portfolio value of HK$79.058 million, accounting for 5.10% of the holdings. Public records indicate that JINXUN RESOURCE is a high-quality cathode copper manufacturer. Based on data from Frost & Sullivan cited in its prospectus, as of December 31, 2024, the company ranked fifth among Chinese cathode copper producers by production volume in the Democratic Republic of Congo (DRC) and Zambia, and was the only Chinese company ranked among the top five in both jurisdictions. In 2024, the company produced approximately 16,000 tonnes and 5,000 tonnes of cathode copper in the DRC and Zambia, respectively. Among Chinese private enterprises, it ranked third in the DRC, holding a 0.9% market share, and ranked first in Zambia. The company's cathode copper is primarily sold to various commodity traders in Mainland China.