Wenchao Wang saw a deemed increase in long position in BAMA TEA after the company repurchased 10,000 ordinary H shares on the SEHK on October 7, 2026, at an average price of HKD 27.8558 per share, involving about HKD 278,558. The repurchased shares were held as treasury shares, and as a controlling shareholder, Wang is deemed to hold such shares. The transaction was an on-exchange share buyback by the company, not a direct secondary-market dealing by the declarant.
Prior to the acquisition, Wenchao Wang's long position in BAMA TEA was 43.89 million shares, representing 51.68%; following the deemed acquisition, the holding changed to 43.90 million shares, with the long position ratio rising to 51.69%.
This involves related parties: Wang Wenbin, Wang Wenli, Chen Yajing, Wu Xiaoning, and Wang Xiaoping.