Changes in Hong Kong stocks | Meitu (01357) rose more than 5%, founder Wu Xinhong once again increased his holdings by 1 million. The stock company reiterated that business fundamentals remained strong

The Zhitong Finance App learned that Meitu (01357) rose by more than 5%. As of press release, it had risen 5.37% to HK$4.02, with a turnover of HK$239 million.

According to the news, Meitu issued an announcement stating that the board of directors was further informed by Mr. Wu that it purchased 1 million shares of the Company at an average price of HK$3.899 per share on the Hong Kong Stock Exchange Limited open market on September 15, 2026 (this increase in holdings). Following this increase in holdings, Mr. Wu's total equity interest in the Company increased from 595 million shares to 596 million shares, and the proportion of the Company's issued share capital increased from about 12.97% to about 12.99%. Since May 10, 2018, Mr. Wu has purchased a total of 6.58 million shares.

Furthermore, in order to avoid any potential misunderstanding from the public regarding the recent rumors of holdings reduction mentioned in the forum, the Company would like to make the following clarifications. The Board of Directors (Board of Directors) of the Company was advised by Mr. Wu that Mr. Wu has never sold any shares (shares) of the Company, nor has any plans or intention to sell any shares or otherwise reduce his holdings in the Company. Mr. Wu further reiterated to the board of directors that he believes that the company's business fundamentals remain strong, and that in view of the continued acceleration of the company's product innovation and long-term growth potential, he will not rule out further increasing its holdings in the Company at an appropriate time.