SY Holdings Group Limited announced that Chairman and controlling shareholder Mr. Tung Chi Fung purchased 982,000 shares on 18, 19 and 23 March 2026 via his wholly-owned vehicle, Wisdom Cosmos Limited. The tranches—250,000 shares at HK$10.3236, 506,000 shares at HK$10.0764 and 226,000 shares at HK$10.1445—brought total spending to approximately HK$10.00 million.

Mr. Tung plans to further acquire shares on the open market within the next 12 months, targeting cumulative spending of up to HK$50.00 million, inclusive of the recent HK$10.00 million outlay. Concurrently, he has issued a voluntary 12-month lock-up undertaking, pledging not to reduce any holdings held through Wisdom Cosmos during that period.

Since SY Holdings’ listing, Mr. Tung has never sold company shares and has accumulated more than 10 million shares at an aggregate cost exceeding HK$81.00 million. The board confirmed that the latest purchases comply with the Hong Kong Listing Rules and that the company’s public float remains sufficient under Rule 8.08.

Management attributes the increased stake to Mr. Tung’s view that current valuations do not reflect SY Holdings’ strategic initiatives in platform development, global expansion and new industry ventures. The timing, scale and pricing of any additional purchases will depend on prevailing market conditions and regulatory compliance.

Investors are advised to exercise caution when trading SY Holdings shares.