Aleksandrs Zavoronkovs, Chairman of the Board of Directors of Inosilicon Intelligence (03696), plans to increase total shareholding by up to HK$16 million

According to Zhitong Finance App News, Insili Intelligence (03696) issued an announcement. Based on confidence in the company's future development prospects and recognition of the company's long-term investment value, Aleksandrs Zavoronkovs, Chairman of the Board of Directors, Executive Director, CEO and Chief Commercial Officer, initiated a plan to purchase additional shares of the company on the open market with personal funds on the premise of complying with the “Hong Kong Stock Exchange Limited Securities Listing Rules” and other applicable laws and regulations. The share purchases will be carried out within September 2026, with an estimated total value of up to HK$16 million. Previously, Mr. Zavoronkovs also invested in the company's Series D financing in 2022.