The Zhitong Finance App learned that the latest data from the Hong Kong Stock Exchange shows that on October 29, Xinming China (02699) experienced a change in positions, with a total market value of HK$11.134 million, accounting for 8.91%. The company's shareholders deposited 2,344 million shares into Hongzhi Securities, increasing their shareholding ratio by 8.91%.

Xinming China announced interim results for the six months ended June 30, 2026. The group achieved revenue of 55.286 million yuan, an increase of 66.82% year on year; loss attributable to company owners was 108 million yuan, a decrease of 20.89% year on year; and loss per share was 28.8 yuan. According to the announcement, the reduction in losses was mainly due to an increase of about 57.1 million yuan in other income, income and losses compared to the same period last year, mainly due to the cancellation of a consolidated account of the net income of a subsidiary company.

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