Goldstream Investment picks up 3.00 million Meitu shares for HK$13.15 million

Bulletin Express04-01 23:04

Goldstream Investment Limited (Goldstream) disclosed that its wholly owned subsidiary, Redwood Elite Limited, purchased 3.00 million shares of Meitu, Inc. on 1 April 2026 through on-market trades at an average price of HK$4.38 per share. The total consideration reached HK$13.15 million, exclusive of transaction costs.

Management cited Meitu’s position as an AI-driven beauty-technology leader and its growing subscription business as the main rationale for the acquisition, noting the transaction aligns with Goldstream’s strategic direct-investment mandate.

According to the announcement, all applicable percentage ratios under Hong Kong Listing Rule 14.07 are below 5%, so the deal does not constitute a notifiable transaction. Goldstream indicated that future disclosures will be made in line with Listing Rules as progress under the existing Meitu Strategic Cooperation Agreement continues.

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