Rongzun International: Kyosei Technology Divests Entire 15% Stake for HK$48.36 Million

Bulletin Express
03/30

Rongzun International Holdings Group Limited announced that substantial shareholder Kyosei Technology Inc. sold its entire holding of 93.00 million shares—representing about 15% of the company’s issued share capital—via on-market transactions on 30 March 2026 at HK$0.52 per share. The transaction amounts to HK$48.36 million.

Following the disposal, Kyosei Technology no longer owns any shares in Rongzun International and therefore ceases to be a substantial shareholder. According to information provided by Kyosei Technology, the buyers are independent third parties with no connections to the company under the Hong Kong Listing Rules.

Rongzun International’s board stated that the share sale is not expected to materially affect the group’s business operations or financial position. The company advises shareholders and potential investors to exercise caution when dealing in its securities.

As of the announcement date, Rongzun International’s board comprises one executive director (Dr. Hiroshi Kaneko), two non-executive directors, and three independent non-executive directors.

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