GUIXIN GROUP (08349) Major Shareholder Changes

Stock News
Sep 10

GUIXIN GROUP (08349) announced that as of the date of this announcement, Yun Hong Group Co., Ltd. holds 0.40 billion shares of the company, representing 10.00% of the company's issued share capital. Yun Hong is 70.00% owned by LF INTERNATIONAL PTE. LTD., which is ultimately wholly owned by Mr. Li Yubao, the company's Chairman of the Board of Directors. As of the date of this announcement, LF INTERNATIONAL PTE. LTD. holds 1.23 billion shares, representing approximately 30.65% of the company's issued share capital. Therefore, Yun Hong and LFB together hold 1.63 billion shares, representing approximately 40.65% of the company's issued share capital. Under the Securities and Futures Ordinance, Mr. Li is deemed to have interests in all share interests held by LFB and Yun Hong. After trading hours on September 10, 2025, the Board of Directors was informed by Mr. Li that LFS has transferred its 30.00% interest in Yun Hong to an independent third party, Zhongqingbaoshang Group Limited. In addition, Zhongqingbaoshang will act as nominee to hold 40.00% interest in Yun Hong for LFS. Upon completion of the transfer, under the Securities and Futures Ordinance, Zhongqingbaoshang will be deemed to have interests in all shares held by Yun Hong and will become a major shareholder of the company. LFS will continue to hold more than one-third of the voting rights in Yun Hong. Therefore, under the Securities and Futures Ordinance, Mr. Li is still deemed to have interests in all shares held by LFB and Yun Hong. Consequently, Mr. Li's interests in the company remain unchanged, and he continues to be the company's single largest shareholder.

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