On September 15, 2026, Xiaoqiang Kang, through Lizi Partnership (a controlled entity and share incentive platform), disposed of 859,100 shares of LEADS BIOLABS-B (09887) on the SEHK open market at an average of HKD 63.6904 per share, involving about HKD 54.72 million. The sale was executed on behalf of employees as per their instructions; Kang himself did not reduce his personal holding. This was an on-exchange active trade, a direct dealing in the secondary market.
Prior to the disposal, Xiaoqiang Kang's long position in LEADS BIOLABS-B was 30.38 million shares, representing 15.37%; following the disposal, the holding decreased to 29.52 million shares, with the long position ratio falling to 14.93%.
This involves related parties: Lai Shoupeng.
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