ZHAOBANGJI LIFE (01660) Resolves Issue of High Shareholding Concentration

Stock News

2025/11/21

ZHAOBANGJI LIFE (01660) announced that, based on the analysis results as of October 8, 2025, and available information, the board is satisfied that: (i) the previously reported high concentration of shareholding as of September 26, 2018, no longer exists; and (ii) as of October 8, 2025, there is no situation where a small number of shareholders hold a concentrated portion of the company's shares.

The company was informed by its major shareholder, Boardwin Resources Limited, that it had sold shares in the open market between September 12, 2025, and October 2, 2025. Following the sale, Boardwin Resources Limited's stake in the company decreased from 61.4% to 29.2%.

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