Hong Kong Stocks Movement | BRETON (01333) Surges Over 17% Intraday, Controlling Shareholder's Frequent Recent Share Purchases, Institutions Bullish on Systematic Business Execution

Stock News
Jan 30

BRETON (01333) saw its stock price surge more than 17% during the trading session. As of the time of writing, the stock was up 12.94%, trading at HK$22.34, with a turnover of HK$77.1864 million. The price movement follows news that Chen Fangming, the Chairman and controlling shareholder of BRETON, has been frequently increasing his shareholdings recently. According to company announcements, on January 20th, Chen Fangming purchased 203,000 shares of BRETON, valued at approximately HK$4.5298 million; on January 22nd, he acquired 55,000 H-shares, worth about HK$1.1176 million; and on January 28th, he bought an additional 18,000 shares. Yingli Securities believes that BRETON currently presents attractive medium- to long-term allocation value, with its investment thesis primarily supported by the structural demand for zero-carbon mines, its system-level solution capabilities, and a replicable, scenario-based implementation path. As one of the few companies focusing on mine production systems to enter the new energy engineering equipment and intelligent solutions sector, BRETON has established a differentiated position with its integrated solution encompassing "new energy mining trucks + new energy loading equipment + grid-forming microgrids + mine intelligent systems," and is progressively demonstrating its feasibility and economic viability in real-world mining scenarios.

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