DRINDA (02865) Shareholder Transfers Shares from Shanghai Pudong Development Bank to Victory Securities Hong Kong, Transfer Value Reaches HK$86.61 Million

Stock News
09/18

According to the latest information from the Hong Kong Stock Exchange, on September 17, a shareholder of DRINDA (02865) transferred shares from Shanghai Pudong Development Bank to Victory Securities Hong Kong, with a transfer market value of HK$86.61 million, representing a 6.3% stake. DRINDA's 2025 interim results showed that the group's revenue was approximately RMB 3.656 billion, down 42.48% year-on-year; net loss was approximately RMB 264 million, widening by 58.51% year-on-year; loss per share was RMB 1.07. The announcement stated that the revenue decline was mainly due to a 67.9% decrease in mainland China market revenue, which was primarily attributable to reduced photovoltaic cell sales volume and declining current market prices.

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