Goldstone Capital controlling shareholder sells 20.00 million shares (8.43%) for HK$8.00 million; Xu Lin becomes substantial shareholder

Bulletin Express
03/27

Hong Kong-listed Goldstone Capital Group Limited announced that Evergreen Goldstone International Group Limited, its controlling shareholder, has sold 20.00 million shares to independent investor Xu Lin for a total consideration of HK$8.00 million. The transaction, completed on 25 March 2026, implies a price of HK$0.40 per share.

Following the disposal, Evergreen Goldstone’s holding declined from 88.13 million shares (37.14% of issued share capital) to 68.13 million shares (28.71%). Both Evergreen Goldstone and Xu Lin now meet the definition of “substantial shareholder” under Hong Kong Listing Rules.

The company states that the change in shareholding will not have a material impact on its business operations or financial position. Shareholders and potential investors are advised to exercise caution when dealing in the company’s shares.

As of the announcement date, the board consists of one executive director, five non-executive directors and three independent non-executive directors.

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