SFC flags extreme concentration and sharp surge in Ruifeng Power shares

Ruifeng Power Group Co., Ltd. ( (HK:2025) ) has shared an update.

Hong Kong’s Securities and Futures Commission has warned of a high concentration of Ruifeng Power Group’s shares in the hands of a small cluster of investors, leaving less than 10% of the 800 million issued shares in wider public circulation. As of 24 February 2026, the controlling shareholder and three substantial shareholders together held 71.58%, while 22 other shareholders and related parties held a further 18.52%, sharply limiting market free float.

The regulator highlighted that Ruifeng Power’s share price has surged about 15-fold from HK$1.31 on 2 December 2024 to HK$21.54 on 24 February 2026, and remained at HK$21.06 by 6 March 2026. In light of both the tight concentration and the steep price rise, the SFC cautioned existing and prospective investors that the stock could be highly volatile even on relatively thin trading and urged extreme care when dealing in the shares.

The most recent analyst rating on (HK:2025) stock is a Buy with a HK$22.50 price target. To see the full list of analyst forecasts on Ruifeng Power Group Co., Ltd. stock, see the HK:2025 Stock Forecast page.

More about Ruifeng Power Group Co., Ltd.

Ruifeng Power Group Company Limited, listed in Hong Kong under stock code 02025, operates in the power and energy sector. The company is controlled through Dragon Rise Ventures Limited, whose major owners include executive director, chairman and CEO Mr. Meng Lianzhou and other executive directors, alongside several substantial shareholders holding significant strategic stakes.

Average Trading Volume: 440,578

Technical Sentiment Signal: Buy

Current Market Cap: HK$16.85B

See more insights into 2025 stock on TipRanks’ Stock Analysis page.