GR Life Style Company Limited has clarified details regarding a recent high concentration of shareholding following the placement of 430 million shares, representing 13.36% of its issued share capital. According to the company, Gang Rui International Investment (HK) Limited entered into a placing agreement with an independent placing agent on 27 October 2025, and the placement was completed on 14 November 2025 with 21 placees subscribing for the shares. Of these, 14 placees were independent third parties, while the remaining 7 were directors or a supervisor of the company's subsidiaries, each subscribing to shares in their personal capacity. The company emphasized that these placees are independent of the company's major shareholders and connected persons.

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