Laopu Gold: Controlling Shareholder Xu Dongbo Spends HK$166 Million to Lift Combined Stake to 58.10%

Bulletin Express05-20

Laopu Gold Co., Ltd. disclosed that controlling shareholder Xu Dongbo acquired 335,700 H shares on 20 May 2026 through on-market transactions funded with personal capital. The purchase cost approximately HK$166.00 million and represents 0.19% of the company’s total issued share capital.

Following the transaction, the combined holdings of Xu Dongbo, fellow controlling shareholder Xu Gaoming and Beijing Hongqiao Jinji Consulting Co., Ltd. increased to 102.69 million shares—comprising 33.20 million unlisted shares and 69.49 million H shares—equivalent to 58.10% of Laopu Gold’s issued shares.

The board advised shareholders and potential investors to exercise caution when trading the company’s securities.

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