Changes in Hong Kong stocks | Mengjinyuan (02585) closed up more than 11%, and many shareholders promised not to insist that H share companies continue to advance digital intelligence upgrades

The Zhitong Finance App learned that Mengjinyuan (02585) rose more than 12% in intraday today, and its stock price has doubled since June 25. At the close, it rose 11.16% to HK$25.9, with a turnover of HK$8.435,500.

According to the news, Mengjinyuan recently issued an announcement. The controlling shareholders and four independent shareholders promised not to reduce their H shares from July 1, 2026 to March 31, 2027, and locked in shares accounting for more than 60% of the total share capital. According to the announcement, the company will continue to advance the development strategy, accelerate the transformation and upgrading of the main brand, further promote intelligent manufacturing upgrades and full-process quality control, strengthen informatization construction, and continue to promote digital intelligence upgrades.

According to public information, in April of this year, the 2026 Mengjinyuan New Product Launch Conference officially announced the launch of the smart jewelry business, and the first smart ring engineering prototype, iRingN1, was displayed on site. According to the data, the global smart jewelry market volume is about 3.6 billion US dollars in 2024, and is expected to reach 21.6 billion US dollars by 2030, with a compound annual growth rate of 19.7%. Among them, smart ring segments are growing more rapidly