Ningde Times (03750) shareholders transferred shares from Hong Kong and Shanghai HSBC to Citibank with a market value of HK$1.81 billion

The Zhitong Finance App learned that the latest data from the Hong Kong Stock Exchange shows that on December 2, Ningde Times (03750) shareholders transferred shares from Hong Kong and Shanghai HSBC to Citibank, with a market value of HK$1.81 billion, accounting for 2.4%.

Ningde Times issued an announcement. On December 1, 2025, the company signed the “Boyu Xinzhu (Ningbo) Equity Investment Partnership (Ningbo) Equity Investment Partnership (Limited Partnership) Limited Partnership Contract” (hereinafter referred to as “Limited Partnership Contract”) with partners such as Boyu Tianshu (Ningbo) Private Capital Investment Co., Ltd. (hereinafter referred to as “Limited Partnership”). The company participated in the investment “Boyu Xinzhi Xinzan (Ningbo) Equity Investment Partnership (Limited Partnership)” (hereinafter referred to as the “Fund”, “Partnership”), and completed the first fund delivery After that, the fund pledged funds The amount was RMB 4.01 billion, of which the company, as a limited partner, pledged an investment of RMB 500 million and held a pledge ratio of 12.497% of the fund.