Wanguo Gold Group: Chairman Gao Mingqing Lifts Stake to 25.62% After Purchasing 2.03 Million Shares

Bulletin Express
04/10

Wanguo Gold Group Limited announced that founder and chairman Gao Mingqing increased his personal stake via his wholly owned vehicle, Victor Soar Investments Limited, by acquiring 2.03 million ordinary shares on 1 and 2 April 2026. The transactions were executed at average prices of HK$14.245 and HK$13.6591 per share, respectively, bringing the estimated total consideration to approximately HK$28.72 million.

Following the purchases, Victor Soar holds 1.13 billion shares, representing about 25.62% of Wanguo Gold Group’s issued share capital (including treasury shares). The board indicated that the move reflects Gao’s confidence in the company’s prospects and his long-term commitment.

The company confirmed that it continues to maintain sufficient public float subsequent to the transaction. Shareholders and potential investors are advised to exercise caution when dealing in the company’s securities.

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