Longfor Group: Major Shareholders Pledge 100.00 Million Shares to Employee Trust for Restricted Share Scheme

Bulletin Express
03/30

Longfor Group announced that substantial shareholders Charm Talent International Limited and Junson Development International Limited will transfer 60.00 million and 40.00 million shares, respectively, to the company’s employee trust at no consideration.

The 100.00 million donated shares will serve as Scheme Shares under the restricted share award scheme adopted on 18 March 2025. All Scheme Shares are subject to existing award and vesting conditions.

Management stated the initiative aims to reward and retain core talent who have demonstrated commitment during the sector’s downturn while reinforcing a long-term value focus aligned with the Group’s medium- to long-term strategic objectives.

The Board, chaired by Chen Xuping, comprises four executive directors, one non-executive director, and four independent non-executive directors. The donation was disclosed in Hong Kong on 30 March 2026.

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