Chairman Yang Zhenxin Raises Stake in Glorious Sun with Latest Share Purchase

Deep News
08/20

Hong Kong Stock Exchange filings show that on August 18, Chairman Yang Zhenxin acquired an additional 16,000 shares of Glorious Sun (HKEX: 00393) at a price of HK$1.34 per share, totaling approximately HK$21,400. This transaction lifts his latest shareholding to around 961 million shares, representing a 64.10% stake in the company.

The purchase underscores the chairman's continued confidence in the company's prospects, as the latest holding figure maintains a substantial majority position. The move comes as part of ongoing insider activity, with the transaction value reflecting a modest but notable addition to his existing portfolio.

Following this acquisition, the chairman's total beneficial interest remains firmly above the 60% threshold, signaling a stable ownership structure for the Hong Kong-listed enterprise.

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