Goldstream Adds 2.00 Million Meitu Shares in HK$8.66 Million On-Market Deal

Bulletin Express04-02 22:04

Goldstream Investment Limited (Goldstream) disclosed that its wholly owned subsidiary, Redwood, purchased 2.00 million Meitu shares on 2 April 2026 through on-market transactions at an average price of HK$4.33 per share, for a total consideration of approximately HK$8.66 million, excluding transaction costs.

The latest trade follows Goldstream’s earlier acquisition of 3.00 million Meitu shares on 1 April 2026. Combined, the two transactions raise Goldstream’s cumulative purchase to 5.00 million shares. All counterparties to the 2 April transaction were confirmed as independent third parties.

Goldstream stated that Meitu’s position as an AI-driven beauty technology leader and its 276 million global monthly active users—of which 101 million are outside Mainland China—support the investment rationale. Management considers the acquisitions consistent with the Group’s strategic direct investment criteria and beneficial to shareholders.

Under Hong Kong Listing Rule 14.07, the aggregated percentage ratios related to the acquisitions remain below the 5 % threshold, so the deals are not classified as notifiable transactions. Goldstream indicated it will issue further announcements in line with Listing Rule requirements, particularly regarding ongoing strategic cooperation with Meitu under their existing agreement.

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