HAIDILAO (06862) has announced that its Board of Directors was informed by Mr. Zhang Yong, the controlling shareholder, Executive Director, Board Chairman, and Chief Executive Officer, of his intention to increase his stake in the company. Based on his recognition of the company's value and his positive outlook on its overall business development, China's economic prospects, and the growth potential of the consumer market, Mr. Zhang plans to acquire additional company shares over the next 12 months. The purchases will be made in the open market using his personal funds, either directly or through entities under his control, with a total value of no less than HK$100 million. As of the announcement date, Mr. Zhang directly and indirectly holds a total of approximately 2.082 billion shares in the company, representing about 37.36% of the issued shares, excluding treasury shares. Based on available information and to the best of the Directors' knowledge, the company will continue to maintain sufficient public float following the completion of the share acquisition plan. The Board of Directors believes this plan demonstrates Mr. Zhang's long-term commitment and strong confidence in the group's future, as well as his positive expectations for the development of China's economy and related consumer sectors.