PATEO Executives Increase Shareholdings; Founder Ying Zhenkai Lifts Stake to 29.99%

Bulletin Express06-22

PATEO CONNECT Technology (Shanghai) Corporation announced a voluntary increase in executive shareholdings, executed under its previously disclosed Plan for Increase Shareholdings dated 18 June 2026.

Founder, Chairman and General Manager Ying Zhenkai purchased a total of 204,640 H shares on 18 and 22 June 2026 through on-market transactions, investing more than HK$36.00 million.

Chief Financial Officer and Executive Director Zhang Fukai acquired 29,860 H shares over the same two trading sessions, with an outlay exceeding HK$5.00 million.

Following the transactions, Ying Zhenkai holds 15.55 million H shares and 32.30 million domestic shares, bringing his aggregate stake to 29.99% of PATEO’s 159.56 million issued shares. Zhang Fukai’s total holding rises to 88,008 H shares, equivalent to 0.06% of the share capital.

The Board reiterates its cautionary note advising shareholders and potential investors to exercise prudence when dealing in PATEO securities.

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