GON TECHNOLOGY Shareholder Transfers HK$68.63 Million Worth of Shares from Morgan Stanley to Huatai Hong Kong

Stock News
02/10

On February 9, a shareholder of GON TECHNOLOGY (02768) transferred shares from Morgan Stanley Hong Kong Securities to Huatai Hong Kong, with the transferred shares valued at HK$68.63 million, accounting for 5.53% of the holdings. GON TECHNOLOGY officially listed on the Hong Kong Stock Exchange on February 4 and was included in the Hong Kong Stock Connect on its first trading day. According to the company's prospectus, GON TECHNOLOGY is a Chinese supplier specializing in chemical new materials, gelatin, and collagen-related products across upstream and downstream sectors. The company serves the chemical industry and the health and wellness sector, focusing on the research, development, production, and sale of industrial and commercial products. Data from Frost & Sullivan indicates that, based on sales revenue in 2024, GON TECHNOLOGY is the second-largest enterprise in China for organic polymer modified materials and organic polymer composite materials, holding a market share of 2.5%.

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