-+ 0.00%
-+ 0.00%
-+ 0.00%

The controlling shareholder of China Star Group (00326) has sold 81 million shares of the company's shares. The problem of high concentration of shares has been resolved

Zhitongcaijing·12/30/2025 11:33:08
Listen to the news

Zhitong Finance App News, China Star Group (00326) announced that Heung Wah Keung Family Endowment Limited (the controlling shareholder of the company and a company jointly owned by Mr. Xiang Huaqiang and Ms. Chen Mingying (the spouse of Mr. Xiang Huaqiang and the vice chairman and executive director of the company)) sold a total of 81 million shares on the open market from December 15, 2025 to December 22, 2025 through the Hong Kong Stock Exchange Limited trading platform. Company shares. Following the sale of shares, Heung Wah Keung Family Endowment Limited's shareholding ratio in the company fell from about 67.53% to about 64.20%.

Based on the above situation and after considering the share sale matters, the company believes that the high concentration of shares mentioned in the announcement of the Securities Regulatory Commission has been resolved, and that the high concentration of shares of the company on June 27, 2025 as stated in the announcement by the Securities Regulatory Commission should not be used as a basis for evaluating the current shareholding structure of the company.