XD Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

SEHK:2400 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
13 Jan 26	SellHK$11,930,930	Yunjie Dai	Individual	148,400	HK$80.40
12 Jan 26	SellHK$5,584,278	Yunjie Dai	Individual	71,000	HK$78.65
09 Jan 26	SellHK$18,919,768	Yunjie Dai	Individual	247,500	HK$77.14
08 Jan 26	SellHK$57,395,703	Yunjie Dai	Individual	781,400	HK$73.45
06 Jan 26	SellHK$46,893,002	Yunjie Dai	Individual	660,000	HK$71.05
01 Dec 25	SellHK$18,925,528	Yunjie Dai	Individual	254,400	HK$74.39
27 Nov 25	SellHK$8,023,000	Yunjie Dai	Individual	113,000	HK$71.00
26 Nov 25	SellHK$8,037,900	Yunjie Dai	Individual	114,500	HK$70.20
14 Oct 25	SellHK$12,554,364	Yunjie Dai	Individual	170,800	HK$73.50
25 Sep 25	SellHK$128,475,005	Yimeng Huang	Individual	1,500,000	HK$85.65

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of 2400?
Owner Type	Number of Shares	Ownership Percentage
Institutions	62,539,541	13.1%
General Public	204,675,883	42.8%
Individual Insiders	210,585,600	44.1%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 55.86% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
33.3%	Yimeng Huang	159,185,800	HK$7.9b	0%	no data
10.8%	Yunjie Dai	51,399,800	HK$2.5b	-3.58%	no data
2.34%	Krane Funds Advisors, LLC	11,203,000	HK$555.0m	6.87%	0.85%
1.9%	Vanguard Capital Management, LLC	9,069,036	HK$449.3m	0%	no data
1.14%	BlackRock, Inc.	5,467,200	HK$270.8m	-3.03%	no data
1.07%	China Asset Management Co. Ltd.	5,129,000	HK$254.1m	0%	0.03%
0.83%	Zhong Ou Fund Management Co., Ltd	3,943,400	HK$195.4m	0%	0.08%
0.51%	Van Eck Associates Corporation	2,443,200	HK$121.0m	-6.23%	0.01%
0.5%	Vanguard Fiduciary Trust Company	2,372,164	HK$117.5m	0.84%	no data
0.44%	Norges Bank Investment Management	2,083,854	HK$103.2m	0%	no data
0.4%	Dimensional Fund Advisors LP	1,905,647	HK$94.4m	-0.24%	no data
0.37%	Invesco Great Wall Fund Management Co. Ltd	1,777,400	HK$88.1m	0%	0.03%
0.35%	Hwabao WP Fund Management Co., Ltd	1,679,800	HK$83.2m	0%	0.05%
0.34%	Boston Partners Global Investors, Inc.	1,622,800	HK$80.4m	0%	0.01%
0.24%	Acadian Asset Management LLC	1,140,389	HK$56.5m	0.89%	0.01%
0.22%	Bank of Communications Schroder Fund Management Co., Ltd.	1,065,800	HK$52.8m	0%	0.05%
0.21%	State Street Global Advisors, Inc.	1,008,400	HK$50.0m	1.24%	no data
0.17%	American Century Investment Management Inc	829,400	HK$41.1m	2.27%	no data
0.17%	Yinhua Fund Management Co., Ltd.	823,400	HK$40.8m	0%	0.02%
0.17%	ICBC Credit Suisse Fund Management Co., Ltd	799,800	HK$39.6m	0%	0.02%
0.13%	Purekind Fund Management Co.,Ltd.	611,800	HK$30.3m	0%	0.71%
0.075%	SEI Investments Company	359,009	HK$17.8m	0%	no data
0.068%	Strategic Advisers LLC	325,512	HK$16.1m	-52.9%	no data
0.068%	Geode Capital Management, LLC	323,605	HK$16.0m	5.06%	no data
0.067%	Shanghai Orient Securities Asset Management Co., Ltd.	320,000	HK$15.9m	0%	0.02%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/06/16 13:05
End of Day Share Price	2026/06/16 00:00
Earnings	2025/12/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

XD Inc. is covered by 23 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Lei Zhang	BofA Global Research
Boyi Shi	CGS International
Xueqing Zhang	China International Capital Corporation Limited