HK Stock Market Move | BRETON (01333) rose more than 17% during trading hours as the controlling shareholder has recently increased its stake in the company frequently. Institutions are optimistic about the company's systematic business realization.

BRETON (01333) surged by more than 17% in intraday trading, and as the time of writing, it rose by 12.94%, closing at HK$22.34, with a transaction amount of HK$77.1864 million. On the news front, BRETON's chairman and controlling shareholder Chen Fangming has recently been increasing his stake in the company. According to announcements, on January 20, Chen Fangming increased his holding of 203,000 shares of BRETON, worth approximately HK$4.5298 million; on January 22, Chen Fangming increased his holding of 55,000 H shares of BRETON, worth about HK$1.1176 million; on January 28, Chen Fangming increased his holding of 18,000 shares of BRETON. Yingli Securities believes that BRETON currently presents an attractive medium- to long-term investment value, supported by the structural demand for zero-carbon mines, the capability of system-level solutions, and replicable scenario-based landing pathways. As one of the few companies entering the new energy engineering equipment and intelligent solutions sector with mine production systems as its core, BRETON has differentiated itself in the integrated solution of "new energy mine card + new energy mining equipment + grid-type microgrid + mine intelligent system," and gradually proven its feasibility and economic viability in real mining area scenarios.