Major Shareholder and Executives Acquire Additional 7.1 Million Shares in CHINA QINFA (00866)

Stock News
05/21

CHINA QINFA (00866) has announced that it has been notified of share purchases made by a major shareholder and several executive directors on May 21, 2026, through market acquisitions to increase their respective holdings in the company. The details of these acquisitions, conducted at prevailing market prices on the open market, are as follows: 1. Major shareholder Mr. Xu Jihua purchased 5.1 million ordinary shares; 2. Executive director Mr. Bai Tao acquired 1 million shares; and 3. Executive director Mr. Zhai Yifeng purchased 1 million shares. The board of directors views these voluntary market purchases by the major shareholder and executive directors as a demonstration of their long-term commitment and strong confidence in the company's overall development prospects and growth potential.

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