Hong Kong Stock Exchange filings reveal that on January 13, a shareholder of JINXUN RESOURCE (03636) transferred shares from Huatai Hong Kong to Merrill Lynch Far East Limited, with a portfolio value of HK$212 million, accounting for 14.18% of the holdings. JINXUN RESOURCE, which debuted on January 9, 2026, is a high-quality cathode copper manufacturer with a strong presence in the Democratic Republic of Congo and Zambia. According to data from Frost & Sullivan, as of December 31, 2024, the company ranked fifth among Chinese cathode copper producers by production volume in the Democratic Republic of Congo and Zambia.