On July 23, ENN ENERGY rose 3.15% in regular trading, trading at HKD 44.5/share, with turnover of approximately HKD 45.67 million. The movement was driven by continued intensive share purchases by Chairman Wang Yulock.

According to Hong Kong Stock Exchange filings, on July 22 Wang Yulock acquired an additional 413,400 shares at approximately HKD 42.63 per share, totaling about HKD 17.62 million, raising his stake to 34.97%. The day prior, he purchased 169,700 shares at HKD 42.54 per share. Since the privatization proposal lapsed on June 12 due to unmet preconditions, Wang has conducted multiple open-market purchases. In July alone, he has accumulated over 1.7 million shares at an average price ranging between HKD 41 and HKD 43, signaling confidence in the company's valuation. Additionally, the parent company Enn Natural Gas announced its intention to increase holdings in ENN ENERGY through its wholly-owned subsidiary following the failed privatization attempt.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)