EPI (Holdings) (00689) saw its share price surge 23.68% during the morning session, trading at HK$0.188 with a turnover of HK$1.7984 million.

EPI (Holdings) announced that on September 19, 2025 (after trading hours), the company was informed by its major shareholder Billion Expo International Limited (the seller) that it had sold a total of 86.2086 million company shares to VCYBER Holdings Limited (the buyer, a limited company incorporated in the British Virgin Islands), representing approximately 13.92% of the issued shares as of the announcement date (the transfer).

The buyer is an investment holding company wholly owned by Shen Jiaxin. As of the announcement date, Shen Jiaxin serves as one of the directors of Chang Ying Smart Travel Investment Limited, a company incorporated in Hong Kong and an indirect non-wholly owned subsidiary of the company.

Following completion of the transfer, the seller no longer holds any interest in the shares and is no longer a substantial shareholder of the company (as defined in the Listing Rules). The buyer now holds interests in 86.2086 million shares (representing approximately 13.92% of the issued shares as of the announcement date) and has become a substantial shareholder of the company (as defined in the Listing Rules).