Riverine China: Sure Advance Sells 1.16 Million Shares, Trimming Stake to 7.12%

Bulletin Express08-04

Hong Kong, 4 Aug 2026—According to a Rule 22 Public Disclosure Form filed with the Executive under the Hong Kong Code on Takeovers and Mergers, Sure Advance Holdings Limited—classified as a Class (6) associate of offeree Riverine China Holdings Limited—disposed of 1.16 million Riverine China shares in on-market transactions executed on 17 June 2026.

Across 21 separate trades priced between HK$2.75 and HK$3.40 per share, Sure Advance realised total proceeds of approximately HK$3.40 million, implying a volume-weighted average price of about HK$2.92 per share.

The disposals reduced Sure Advance’s holding from 29.97 million shares (7.40 % of Riverine China’s issued share capital) to 28.84 million shares, representing 7.12 % of the company. All transactions were conducted for Sure Advance’s own account. The shareholder is ultimately owned by Shanghai Industrial Investment (Holdings) Company Limited.

The Executive received the disclosure on 4 August 2026 in connection with the ongoing mandatory general offer for Riverine China.

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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