Sheng Tang Holdings Limited (8305) disclosed that a substantial shareholder, Mr. Xu Changcheng, recently acquired a total of 960,000 shares (0.96 million shares) at an average price of approximately HK$0.205 per share in an on-market transaction dated 3 March 2026.
According to the announcement, the Board views this voluntary share purchase as an indicator of Mr. Xu’s confidence in the company’s long-term growth. The announcement further indicates that the company has maintained a sufficient public float after this acquisition, in line with relevant requirements.
Shareholders and potential investors are advised to exercise caution when dealing in Sheng Tang Holdings Limited’s shares.
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