LONGCHEER Chairman Plans RMB 10 Million H-Share Increase, Signaling Confidence in Growth

Stock News10-30

According to an announcement from LONGCHEER (09611), the board has been informed by Mr. Du Junhong, the company's chairman, executive director, and one of its controlling shareholders.

In light of his strong confidence in the company's continued and stable development, as well as his recognition of the company's long-term investment value, Mr. Du Junhong intends to increase his holdings of the company's H shares.

The proposed increase will take place over a three-month period commencing on October 31, 2026, and ending on January 30, 2027 (inclusive of both the first and last days).

The shares will be acquired through the Shanghai-Hong Kong Stock Connect or on the open market of The Stock Exchange of Hong Kong Limited, using his own funds or self-raised funds.

The cumulative amount of the proposed share increase is RMB 10 million.

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