XTALPI Chairman Unveils HK$32.00 Million On-Market Share Purchase Plan Through October 2026

Bulletin Express09-21 06:40

XtalPi Holdings Limited (XTALPI) disclosed that its Co-founder, Chairman and Executive Director Dr. Wen Shuhao intends to acquire ordinary shares in the company worth up to HK$32.00 million on the open market by the end of October 2026.

According to the voluntary announcement released on 21 September 2026, all purchases will be funded personally by Dr. Wen and executed at prevailing market prices. The company will neither participate in nor provide financial assistance for these transactions. The planned acquisitions remain subject to compliance with Hong Kong Listing Rules, relevant regulations, and XTALPI’s internal securities-dealing policies.

The Board views the initiative as a signal of Dr. Wen’s confidence in XTALPI’s long-term development and investment value. Management cautioned, however, that the share-buying programme may be delayed, scaled back, or discontinued in response to market conditions, share-price fluctuations, regulatory considerations, or other factors.

Shareholders and potential investors are advised to exercise prudence when trading in XTALPI securities. As of the announcement date, the Board comprises four executive directors, including Dr. Wen, and three independent non-executive directors.

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.

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