Riverine China – Sure Advance Sells 3.00 Million Shares for HK$6.09 Million, Stake Falls to 4.28%

Bulletin Express08-04

Hong Kong, 4 August 2026 – In a disclosure filed under Rule 22 of the Hong Kong Code on Takeovers and Mergers, Riverine China Holdings Limited announced that Class (6) associate Sure Advance Holdings Limited disposed of a total of 3.00 million Riverine China shares on 25 June 2026.

The divestment was executed through 17 on-market transactions at prices ranging from HK$2.00 to HK$2.16 per share, generating aggregate proceeds of approximately HK$6.09 million. Following the series of sales, Sure Advance’s holding fell from 19.22 million to 17.34 million shares, reducing its equity stake from 4.75% to 4.28% of the company’s issued share capital—a decline of 0.47 percentage points.

Sure Advance Holdings Limited, ultimately owned by Shanghai Industrial Investment (Holdings) Company Limited, confirmed that the dealings were conducted for its own account. The Executive received the disclosure on 4 August 2026 in connection with the ongoing mandatory general offer for Riverine China.

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