MTT Group: Controlling Shareholder QH Technology Divests 3.2% Stake, Maintains Control at 43.5%

Bulletin Express
Mar 31

MTT Group Holdings Limited announced that after market close on 31 March 2026, controlling shareholder QH Technology Holdings Limited, wholly owned by Chairman and Executive Director Mr. Yan Wei, entered into a sale-and-purchase agreement to dispose of 20.00 million shares, equivalent to 3.2% of the company’s issued share capital.

Post-transaction, QH Technology’s holding will decline from 292.12 million shares (46.7%) to 272.12 million shares (43.5%), allowing it to remain the company’s controlling shareholder. Completion is scheduled for the day following the agreement date or a later date mutually agreed.

Key terms include: • Lock-up: The buyer is restricted from selling, transferring, assigning or otherwise disposing of the acquired shares for 18 months without QH Technology’s written consent. • Voting Undertaking: The buyer agrees not to vote the acquired shares against any resolutions supported by QH Technology.

The buyer is an independent third party under Hong Kong Listing Rules.

The board advises shareholders and potential investors to exercise caution when dealing in MTT Group shares.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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