GOFINTECH QUANT's Largest Individual Shareholder Increases Stake by 55.4 Million Shares

Stock News07-06

The board of GOFINTECH QUANT (00290) announced that it has been informed by the company's single largest shareholder, Dr. Liu Zhiwei. Dr. Liu stated that his recent purchase of a total of 55.4265 million company shares in the market, representing approximately 0.54% of the total issued shares as of the announcement date, is based on his firm confidence in the company's future development prospects and his recognition of its long-term investment value.

Following this share acquisition and as of the announcement date, Dr. Liu Zhiwei is deemed to have an interest in approximately 2.681 billion shares under Part XV of the Securities and Futures Ordinance, representing about 26.02% of the total issued share capital. Dr. Liu Zhiwei remains the company's single largest shareholder and a substantial shareholder.

Dr. Liu Zhiwei has informed the company that this increase in shareholding reflects his confidence in the business prospects and long-term investment value of the group. He has not ruled out the possibility of further increasing his stake in the company in the future at appropriate times, subject to market conditions and in compliance with applicable laws and regulatory requirements.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment