MEITU (01357) Receives Share Purchase by Founder, Chairman and CEO Wu Zeyuan Who Acquired 700,000 Additional Shares

Stock News
2025/08/21

MEITU (01357) announced that the company's board of directors has been informed by Mr. Wu Zeyuan (also known as Mr. Wu Xinhong), the company's founder, chairman and chief executive officer, that on August 21, 2025, he purchased 700,000 shares of the company on the open market of The Stock Exchange of Hong Kong Limited at an average price of HK$10.00 per share.

Mr. Wu has never sold any shares of the company and has increased his holdings in the company on multiple occasions since May 10, 2018. Including this latest purchase, Mr. Wu has acquired a total of 3.98 million shares.

Following this share purchase, Mr. Wu's total interest in the company increased from 588 million shares to 588.7 million shares, representing an increase in his shareholding percentage from approximately 12.88% to approximately 12.89% of the company's issued share capital.

The board of directors has been informed by Mr. Wu that he is highly confident about the company's future business prospects and does not rule out further increases in his shareholding at appropriate times.

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