Fenbi Ltd. (2469) announced that Chairman, Executive Director, and Chief Executive Officer, Mr. Zhang Xiaolong, acquired 810,000 shares on October 17, 2025, at an average price of approximately HK$2.973 per share. The total consideration was around HK$2,408,000.

Following this transaction, Mr. Zhang holds 551,911,000 shares, representing about 24.69% of the Company’s total issued share capital, up from 24.65% prior to the increase. Based on the announcement, the public float requirements remain fulfilled, and no mandatory offer obligations under the Takeovers Code have been triggered.

Fenbi Ltd. stated that the move reflects Mr. Zhang’s confidence in the Company’s long-term business prospects. The Chairman and senior management have also indicated their intention to consider further share purchases at an appropriate future time.