The Zhitong Finance App learned that the latest information from the Hong Kong Stock Exchange shows that on December 8, shareholders of Jinyan Kaolin New Materials (02693) transferred shares from Yingli Securities to China Galaxy (Hong Kong), with a market value of HK$7.696 million, accounting for 5.05%.
According to information, Jinyan Kaolin New Materials specializes in coal-based kaolin in China and has the ability to integrate across the entire value chain from mining, R&D, processing to production and sales. According to data provided by Frost & Sullivan, based on the revenue of China Coal-based Calcined Kaolin Company in 2024, the company ranked fifth with a market share of 5.4%. According to data provided by Frost & Sullivan, based on revenue in 2024, Jinyan Kaolin New Materials is the largest producer of mullite materials for precision casting in China, with a market share of 19.1%.