READBOY (02385) Chairman Qin Shuguang Increases Holdings by Total of 176,400 Shares

Stock News
Sep 30, 2025

READBOY (02385) announced that during the period from September 23, 2025 to September 26, 2025, Mr. Qin Shuguang, the company's chairman and one of the controlling shareholders, used his personal funds to purchase a total of 176,400 company shares in the open market at an average price of approximately HK$6.47 per share, with a total consideration of approximately HK$1.1418 million.

Following the purchase, Mr. Qin is deemed to hold a total of 220 million shares (including 98.9797 million shares held through a company wholly owned by Mr. Qin, and 120 million shares held jointly with Mr. Chen Zhiyong, a non-executive director of the company and one of the controlling shareholders, as parties acting in concert), representing approximately 62.37% of the total issued shares as of the date of this announcement.

Mr. Qin stated that this share increase reflects his confidence in the company's value and prospects, and demonstrates his confidence in the company's business outlook and market potential.

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