Chairman Yang Zhenxin Raises Stake in Glorious Sun with Latest Share Purchase

Deep News
Aug 20

Hong Kong Stock Exchange filings show that on August 18, Chairman Yang Zhenxin acquired an additional 16,000 shares of Glorious Sun (HKEX: 00393) at a price of HK$1.34 per share, totaling approximately HK$21,400. This transaction lifts his latest shareholding to around 961 million shares, representing a 64.10% stake in the company.

The purchase underscores the chairman's continued confidence in the company's prospects, as the latest holding figure maintains a substantial majority position. The move comes as part of ongoing insider activity, with the transaction value reflecting a modest but notable addition to his existing portfolio.

Following this acquisition, the chairman's total beneficial interest remains firmly above the 60% threshold, signaling a stable ownership structure for the Hong Kong-listed enterprise.

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