Xuan Wu Cloud Technology Holdings Limited (2392) Completes 20% Share Disposal and Announces Change in Controlling Shareholders

Bulletin Express
02/06

Xuan Wu Cloud Technology Holdings Limited (2392) has confirmed the completion of a share disposal involving 20.00% of its issued share capital, including treasury shares, for a total consideration of HK$65,198,893. The transaction was finalized on 6 February 2026, following the fulfillment of conditions in a previously disclosed Sale and Purchase Agreement.

Before this transaction, a group of controlling shareholders held approximately 53.50% of the Company’s issued shares excluding treasury shares. Following completion, the Purchaser has become the single largest shareholder, holding 20.00% of the total issued share capital including treasury shares. The arrangement includes, among other changes, the termination of an internal agreement and the resignation of certain managerial roles. The shareholding structure has been adjusted accordingly, reflecting reductions in some sellers’ shareholdings and the Purchaser’s new position.

Shareholders and potential investors are advised to exercise caution when dealing in the Company’s shares. Please refer to the official announcement dated 20 October 2025 for further details.

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