ZHONGGAN COMM (02545) shareholders depositing stocks into Wing Lung Bank with a market value of 1.1 billion Hong Kong dollars.

According to the latest data from the Hong Kong Stock Exchange, on February 19, a shareholder of ZHONGGAN COMM (02545) deposited shares into Wing Lung Bank with a market value of 110 million Hong Kong dollars, accounting for 56.16% of the total. In the secondary market, on February 19 and February 20, ZHONGGAN COMM's stock price rose by 8.2% and 18.8% respectively. As of February 24, the company's latest market value reached 2.46 billion Hong Kong dollars. It is reported that ZHONGGAN COMM's main business is providing telecom infrastructure services and digital solutions services, with clients including China Mobile Limited, China Telecom Corporation, China United Network Communications, China Radio and Television, CHINA TOWER, China Railway, and municipal units. Key operating data indicates that the company ranks third as a supplier of telecom network infrastructure construction and maintenance services in Jiangxi Province, with business coverage in 25 provinces, municipalities, and autonomous regions in China.