Industry Overview - The global potassium fertilizer market is experiencing a tightening supply-demand balance, leading to a steady increase in price levels, with the average domestic price of potassium chloride reaching 3,237 RMB/ton as of November 10, reflecting a 28.66% increase year-to-date and a 34.37% increase year-on-year [1] - The gross profit margin for the potassium chloride industry was reported at 1,164 RMB/ton as of November 7, with an increase of approximately 400 RMB per ton compared to the same period last year [1] - Global potassium fertilizer demand is expected to grow at a compound annual growth rate (CAGR) of 3.2% from 2025 to 2027, driven by population growth and increasing focus on food security [1][2] - Limited new production capacity is anticipated until the end of 2026, with existing major producers facing increased mining costs, suggesting sustained high demand for potassium fertilizers in the medium term [1] Company Insights - **Migo Group (09879)**: Ranked fourth among Chinese potassium fertilizer companies by sales volume in 2023, Migo Group is a comprehensive supplier capable of providing a full production line of fertilizers, including potassium chloride and compound fertilizers [3] - **Sinochem Fertilizer (00297)**: Reported a 6% year-on-year increase in net profit for the first three quarters of 2025, with revenue of approximately 19.373 billion RMB and net profit of about 1.364 billion RMB. The company has renewed a cooperation memorandum with Jordan's Arab Potash Company for potassium fertilizer sales in China [3] - **China Heart-to-Heart Fertilizer (01866)**: Achieved revenue of 17.96 billion RMB in the first three quarters of 2025, a 3.1% increase year-on-year, but experienced a 12.8% decline in adjusted net profit due to lower urea prices and production constraints from maintenance activities [4] - **China National Offshore Oil Corporation Chemical (03983)**: A leading company in the fertilizer and methanol industry, with a total designed capacity of 1.84 million tons of urea and significant production bases across several provinces [5]

Core Points - The chairman of the board, Liu Xingxu, increased his stake in China Heartland Fertilizer (01866) by purchasing 350,000 shares at an average price of 7.29 HKD per share, totaling 2.5515 million HKD [1] - Following this purchase, the total number of shares held by Liu is approximately 442 million, representing a holding percentage of 34.45% [1]

Group 1 - The chairman Liu Xingxu increased his stake in China Heartland Fertilizer (01866) by purchasing 350,000 shares at an average price of HKD 7.29 per share, totaling HKD 2.5515 million [1] - After the purchase, the total number of shares held by Liu is approximately 442 million, representing a holding percentage of 34.45% [1]

Core Points - On November 5, 2025, Liu Xingxu, the executive director and chairman of China Heart Heart Fertilizer (01866.HK), increased his shareholding by purchasing 350,000 shares at an average price of HKD 7.29 per share, totaling approximately HKD 2.55 million [1] - Following this transaction, Liu Xingxu's total shareholding rose to 442,128,999 shares, with his ownership percentage increasing from 34.43% to 34.45% [1] Company Information - Stock Code: 01866 [2] - Company Name: China Heart Heart Fertilizer Limited [2] - Disclosure Date: November 7, 2025 [2] Shareholding Details - Major Shareholder: Liu Xingxu [3] - Transaction Type: Purchase of shares [3] - Number of Shares Purchased: 350,000 [3] - Average Price per Share: HKD 7.29 [3] - Total Shares Held Post-Transaction: 442,128,999 [3] - Percentage of Issued Shares Held: 34.45% [3] - Date of Relevant Event: November 5, 2025 [3]

Core Viewpoint - On November 4, 2025, Liu Xingxu, the executive director and chairman of China Heart Heart Fertilizer (01866.HK), increased his shareholding by purchasing 763,000 shares at an average price of HKD 7.17 per share, totaling approximately HKD 5.47 million. Following this transaction, his total shareholding rose to 441,778,999 shares, increasing his ownership percentage from 34.37% to 34.43% [1][2]. Summary by Categories Shareholding Activity - Liu Xingxu acquired 763,000 shares at an average price of HKD 7.17 per share [1][2]. - The total investment for this acquisition was approximately HKD 5.47 million [1]. - Post-transaction, Liu's total shareholding reached 441,778,999 shares, representing 34.43% of the company [1][2].

Group 1 - The company, China Heartland Fertilizer (01866), announced a share buyback plan [1] - The total amount allocated for the buyback is HKD 2.553 million [1] - The company plans to repurchase 350,000 shares [1]

Core Viewpoint - China Heartlink Fertilizer (01866) announced a share buyback plan, investing HKD 2.553 million to repurchase 350,000 shares on November 5, 2025 [1] Group 1 - The company plans to repurchase shares as part of its capital management strategy [1] - The total amount allocated for the buyback is HKD 2.553 million [1] - The number of shares to be repurchased is 350,000 [1]

Core Viewpoint - China Heartland Fertilizer (01866.HK) announced a share buyback of 350,000 shares at a cost of HKD 2.55 million on November 5 [1] Group 1 - The company executed a buyback program, indicating confidence in its stock value [1] - The total expenditure for the buyback was HKD 2.55 million [1] - The number of shares repurchased was 350,000 [1]

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) | 公司名稱： | China XLX Fertiliser Ltd. 中國心連心化肥有限公司（於新加坡註冊成立之有限公司） | | | | --- | --- | --- | --- | | 表格類別： 股票 呈交日期： | 2025年11月5日 | 狀態： | 新提交 | 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 01866 | 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | ...

Summary of Key Points Core Viewpoint - On November 4, 38 Hong Kong-listed companies conducted share buybacks, totaling 62.68 million shares and an aggregate amount of HKD 294 million [1][2]. Group 1: Buyback Details - China Feihe repurchased 18 million shares for HKD 76.11 million, with a highest price of HKD 4.260 and a lowest price of HKD 4.210, bringing its total buyback amount for the year to HKD 233 million [1][2]. - COSCO Shipping Holdings repurchased 4.5 million shares for HKD 61.70 million, with a highest price of HKD 13.960 and a lowest price of HKD 13.600, accumulating a total buyback amount of HKD 45.30 billion for the year [1][2]. - Pacific Shipping repurchased 10 million shares for HKD 26.09 million, with a highest price of HKD 2.640 and a lowest price of HKD 2.580, totaling HKD 22.91 million in buybacks for the year [1][2]. Group 2: Notable Companies - The largest buyback amount on November 4 was by China Feihe at HKD 76.11 million, followed by COSCO Shipping Holdings at HKD 61.70 million [1][2]. - In terms of share quantity, China Feihe led with 18 million shares repurchased, followed by Pacific Shipping with 10 million shares and Sinopec with 5.15 million shares [1][2]. - Noteworthy is that companies like Fenbi and Taimei Medical Technology conducted their first buybacks of the year on this date [2].