GoFintech Quantum Innovation Limited disclosed that its single largest shareholder, Dr. Liu Zhiwei, acquired an additional 55.43 million shares on-market, equivalent to approximately 0.54% of the company’s issued share capital.
Prior to the latest transactions, Dr. Liu was deemed interested in 2.63 billion shares, or 25.48% of the total shares in issue. Following the purchases, his deemed interest has risen to 2.68 billion shares, representing 26.02% of the company’s outstanding shares. Dr. Liu remains both the largest and a substantial shareholder under Hong Kong listing rules.
According to the announcement, Dr. Liu attributes the increase to “firm confidence in the Company’s future development prospects and recognition of its long-term investment value.” He also indicated that further share purchases may be considered, subject to market conditions and regulatory compliance.
The board, chaired by Executive Director Ms. Sun Qing, advises shareholders and potential investors to exercise caution when dealing in GoFintech securities.
Comments