Ourgame International Holdings Limited (6899) disclosed that on 20 October 2025, Mr. Li Yangyang and Choi Shun Investment Limited, a corporation controlled by him, disposed of 178,758,328 shares, equivalent to approximately 16.59% of the total issued shares. In addition, they ceased to exercise voting rights over 111,923,887 shares (about 10.38%) and terminated the acquisition of a further 28,620,378 shares (about 2.66%).

On the same date, Spark Holdings Limited acquired an aggregate of 322,807,225 shares, representing roughly 29.95% of the total issued shares. Following these changes, Mr. Li and Choi Shun no longer hold any shares and are no longer substantial shareholders, while Spark Holdings Limited has become a substantial shareholder. The company is seeking further details and advises shareholders and potential investors to exercise caution when dealing in its securities.