LX Technology Group (2436) Announces High Concentration of Shareholding

Bulletin Express
02/10

According to an announcement released at the request of The Stock Exchange of Hong Kong Limited, LX Technology Group (Stock Code: 2436) has noted a high concentration of shareholding, as disclosed in a recent notice issued by the Securities and Futures Commission (SFC) on 9 February 2026.

The SFC’s findings indicate that, as of 26 January 2026, 25 shareholders collectively held 325,965,372 shares, or approximately 92.27% of the company’s issued shares. Consequently, the remaining 27,293,628 shares, representing 7.73% of the total, were distributed among other shareholders. During the period from 23 December 2025 to 26 January 2026, the share price recorded a marked increase of 241%, moving from HK$4.07 to HK$13.87. As of 6 February 2026, the closing price reached HK$12.10, marking a 197% rise compared to HK$4.07 on 23 December 2025.

A board statement includes an updated snapshot of the firm’s shareholding structure. As of the date of the announcement, an executive director, identified as Mr. Hu, holds 21.74% of the issued shares, while another executive director, Mr. Cao, holds 0.79%. Shares reserved under two employee incentive platforms total 7.64% and 5.06% respectively, with the remainder spread among other shareholders.

The board confirms that the public float remains above the 25% threshold required by listing regulations. In light of the high concentration of shareholding, the company reaffirms that share prices could fluctuate significantly on relatively low trading volume and advises shareholders and prospective investors to exercise caution when dealing in the shares.

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