Weilizhibo-B (09887) transferred a total market value of HK$746 million, accounting for 7.10%, transferred 13.7599 million shares from China Securities Registration and Settlement Hong Kong

The Zhitong Finance App learned that according to the latest data from the Hong Kong Stock Exchange, on July 29, Weilizhibo-B (09887) had a position change, with a total transfer market value of HK$746 million, accounting for 7.10%. The company's shareholders transferred 3.828,700 shares to Citibank and transferred 13.7599 million shares from China Securities Registration and Settlement Hong Kong.

On July 24, Weilizhibo announced that the company recently received a notice of commitment from Dr. Kang Xiaoqiang, the co-founder of the group, the chairman, executive director, CEO and general manager of the group, regarding the voluntary extension of the ban on its direct holding of all 7,874,617 H shares. The original sales ban ended on July 24, 2026.

According to the extension promise, since Dr. Kang Xiaoqiang is still optimistic about the company's long-term growth potential, core competitiveness and industry prospects, in order to maintain the company's stock price stability and capital market confidence and the legitimate rights of the company's shareholders (especially minority shareholders), Dr. Kang Xiaoqiang has promised to extend the ban period for an additional six (6) months until January 24, 2027 (including that date). Dr. Kang Xiaoqiang will not directly or indirectly dispose of or otherwise reduce his direct holdings of such shares in any way during the relevant extended sales ban period.